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Reserve in sentence

857 examples of Reserve in a sentence

In fact, the renminbi still trails other reserve currencies (the US dollar, the euro, the Japanese yen, and the British pound) in international finance by so much that a renminbi-led international monetary system by mid-century seems about as likely as a Blade Runner 2049-style dystopia.
Similar motives dictate reserve accumulation in other emerging markets.
The ratings agencies are threatening additional downgrades; others envision an eventual breakup of the euro and/or demise of the dollar as the global reserve currency.
So far, China’s large reserve of patient capital has been used to finance its own domestic projects.
The General and his monetary guru, Jacques Rueff, argued that the US used the dollar's status as the major reserve currency of the Bretton Woods fixed exchange-rate regime in order to run deficits and pay for its overseas military adventurism (at that time in Vietnam).
The world no longer has a fixed exchange-rate regime, but the dollar remains the major reserve currency--a sort of floating Bretton Woods.
For Americans the reserve role of the dollar is a potential threat, while for non-Americans it is yet another instance of an American neo-imperial quest for hegemony.
So of President Putin Russia, like history, must still reserve its judgement.
In the future, however, this vulnerability will be lessened by the Chinese renminbi’s inclusion in the basket of reserve currencies that the International Monetary Fund uses to set the value of its Special Drawing Right (SDR), says Yu Yongding, Director of Global Economics at the Chinese Academy of Social Science.
This obvious externality required policy responses in the emerging countries: limits on capital inflows, reserve accumulation, and measures to restrict credit and restrain asset-price inflation.
A second necessary step is for the US and Russia to follow up on the New START agreement and begin deeper weapons cuts, especially tactical and reserve weapons, which serve no purpose, waste funds, and threaten security.
CAMBRIDGE – Zhou Xiaochuan, the governor of the People’s Bank of China, recently suggested that replacing the dollar with the International Monetary Fund’s Special Drawing Rights as the dominant reserve currency would bring greater stability to the global financial system.
The idea of reforming the system by introducing a supranational reserve currency is also, it appears, supported by Russia and other emerging markets.
And a United Nations advisory committee chaired by the Nobel laureate Joseph Stiglitz has argued for a new global reserve currency, possibly one based on the SDR.
The SDR was introduced 40 years ago to supplement what was then seen as an inadequate level of global reserves, and was subsequently enshrined in the IMF’s amended Articles of Agreement as the future principal reserve asset.
So, instead of becoming the principal reserve asset of the global system, the proportion of SDRs in global reserves shrank to a tiny fraction, rendering the SDR the monetary equivalent of Esperanto.
One possibility is a gradual, market-determined erosion of the dollar as a reserve currency in favor of the euro.
But, while the euro’s international role – especially its use in financial markets – has increased since its inception, it is hard to envisage it overtaking the dollar as the dominant reserve currency in the foreseeable future.
With the dollar’s hegemony unlikely to be seriously undermined by market forces, at least in the short and medium-term, the only way to bring about a major reduction in its role as a reserve currency is by international agreement.
One way to make the SDR the major reserve currency relatively soon would be to create and allocate a massive amount of new SDRs to the IMF’s members.
In order to make the SDR the principal reserve asset via the allocation route, close to $3 trillion in SDRs would need to be created, an unrealistic proposition.
With taming inflation its top priority, the PBC has raised banks’ mandatory reserve ratio six times this year.
China has not liberalized its capital account, but short-term inflows are now driving stronger upward pressure on the renminbi (and larger offsetting reserve accumulation by the People’s Bank of China) than can be explained by the current-account surplus and FDI flows.
Tax instruments and reserve requirements that put sand in the wheels of short-term capital inflows should be combined with strong countercyclical measures, such as additional capital requirements, to slow domestic credit creation.
Because the dollar is no longer pegged to gold and is an international reserve currency, the US can sustain its trade deficit by printing more dollars to support imports.
Low interest rates, the dollar’s continuing role as the world’s main reserve currency, and the capacity of the public sector to increase spending make the case for higher infrastructure spending compelling.
The US and Japan might be among the last to face the wrath of the bond-market vigilantes: the dollar is the main global reserve currency, and foreign-reserve accumulation – mostly US government bills and bonds – continues at a rapid pace.
If construction plummets, for example, the authorities can reduce reserve requirements, as they recently did, thereby encouraging banks to lend to other sectors.
The main measures to control credit growth were a gradual increase in reserve requirements, beginning in 2010; some restrictions on consumer loans; and the introduction of credit-growth caps in the second half of 2011.
As a result, the Russian government’s only option for financing its deficit is to tap its reserve fund, which is meant to cushion the economy against shocks.
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