Reserve
in sentence
857 examples of Reserve in a sentence
The e-SDR-denominated debt market would even be good for all
reserve
currencies – except the US dollar – as their weight in determining the asset’s value exceeds their current shares in foreign-exchange markets.
The rise of cryptocurrencies has created a unique opportunity for market forces to spearhead a shift toward a truly neutral
reserve
asset.
Euroskeptic politicians elected to the European Parliament are often treated with the disdain that true believers
reserve
for the infidel.
A second initiative announced in Durban is the creation of a $100 billion contingent
reserve
facility to deal with “short-term liquidity pressures.”
Capital controls and sterilization of
reserve
flows might help to delay the adjustment, but a persistent one-directional capital flow will eventually force the fixed-exchange-rate country to allow either its exchange rate or its money supply to adjust.
While it is true that surging M2 can reflect excessive leverage, it is not a particularly accurate gauge in China, where commercial banks can easily circumvent high
reserve
requirements and quantitative controls by moving loans off their balance sheets to wealth-management products – practices that fuel artificial credit expansion that looks like M2 growth.
One example of such a policy is to link banks’ mandatory
reserve
ratios to the speed at which credit is expanding or to the stage of the business cycle.
Thus, during periods of expansion, when banks are eager to fund ever more risky borrowers, the
reserve
ratio rises, curbing potentially disruptive asset bubbles or overinvestment.
The recent agreement among the BRICS countries (Brazil, Russia, India, China, and South Africa) to establish a New Development Bank and a contingent
reserve
arrangement is a clear signal of this thirst for change.
Given how much of its official reserves China has already spent stimulating the economy and stabilizing the exchange rate, as well as the size of capital outflows – equivalent to three times the current-account surplus last year – tactics like reducing
reserve
requirements would be key here.
And, because gold is a highly liquid asset – a key criterion for a
reserve
asset – central banks can afford to look past its short-term volatility to longer-run average returns.
The renminbi, however, has recently stabilized, and capital flight has dwindled, as evidenced by the better-than-expected
reserve
figures released by the People’s Bank of China on October 7.
Financial re-regulation should and will emphasize capital, reserve, and margin requirements; limiting systemic risk buildup by constraining leverage; eliminating fragmented and incomplete regulatory coverage and regulatory arbitrage (a huge challenge internationally); and a focus on transparency.
As the world’s greatest economic power and issuer of what is essentially the global
reserve
currency, America has had no trouble – at least not yet – attracting the foreign capital it needs to compensate for a shortfall of domestic saving.
And strong
reserve
positions and relatively conservative macroeconomic policies have enabled most major producers to weather enormous fiscal stress so far, without falling into crisis.
Many proponents of the euro claimed that it would quickly evolve as an alternative
reserve
currency alongside the dollar, or even replace it, in global markets.
The Kremlin did not criticise the Communist Party this time, as it poses no threat today -- though the idea of a communist threat could be held in
reserve
just in case the presidential elections go wrong next summer.
It then cites “global current account imbalances,” particularly “the US external deficit,” describing it as “unprecedented for a
reserve
currency country to have a current account deficit of such magnitude.”
In addition, China's foreign
reserve
are rising at an accelerating path in recent months, up to $150 billion at the end of July, 1999.
The second pillar of an effective crisis-response strategy is an emergency
reserve
workforce – established by the WHO, in cooperation with national governments – comprising well-trained health professionals who are prepared for rapid deployment in low-resource settings.
The international community would have to increase available manufacturing capacity, create new distribution channels, and
reserve
storage capacity for stockpiling products that have no immediate application.
Today, this
reserve
army of peasants is creating the most serious political conflicts seen in Poland since communism's fall as the country seeks membership in the European Union.
Initially, these countries invested their foreign reserves in liquid assets – short-term United States Treasury bills and government securities issued by other
reserve
currency countries.
Food supply has not collapsed (1.5 billion hectares of arable land are being used, but another 2.7 billion hectares are in reserve).
In the nineteenth century, the stable hegemon was the United Kingdom, with the British Empire imposing the global public goods of free trade, free capital mobility, the gold standard, and the British pound as the major global
reserve
currency.
The US also dominated the Bretton Woods institutions – the International Monetary Fund, the World Bank, and, later, the World Trade Organization – to determine the global trade and financial rules, with the dollar as the main
reserve
currency.
And, while there is general unhappiness with the US dollar, the Chinese renminbi is still far from becoming a major global
reserve
currency, let alone the dominant one.
Likewise, there is very little consensus on how to reform the regulation and supervision of financial institutions – and even less on how to reform an international monetary system based on flexible exchange rates and the dollar’s central role as the leading
reserve
currency.
While this pattern may not necessarily hold in the country with the dominant global
reserve
currency, there is a very real risk of capital-flow reversal.
But the IMF also hinted at a willingness to be flexible, conceding that, because the SDR is fundamentally a
reserve
asset, the currencies that underpin it need only to be available in “sufficiently liquid and deep markets.”
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