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Reserve in sentence

857 examples of Reserve in a sentence

In the Eighth Book of The Republic , Plato rather unceremoniously defines political leaders in a democracy as “those who deprive the rich of their estates to distribute them among the people, at the same time taking care to reserve the larger part for themselves.”
Borrowing the credibility of an established monetary authority – especially one that issues a global reserve currency – would be tactically advantageous for a post-independence Scotland; but the new country would be exposed to the risk of an inflation shock and sterling crisis stemming from the Bank of England’s expansionary monetary policy.
Such a new platform should also be used to work towards structural reform of the international monetary system aimed at reducing its excessive reliance on the US dollar as a reserve currency.
Such reforms should work towards developing a multilaterally agreed multi-currency reserve system or even, in the longer term, a world currency based on the Special Drawing Rights issued by the IMF.
For example, they are generally united in their frustration with – but not in their proposed response to – the dollar’s status as the world’s reserve currency.
Even Latin American governments now hold enough dollar reserve assets to buy out Europe’s shares in the Fund.
Some argue that SWFs’ home governments and host countries have too many mutual interests – including the stability of the financial system and maintaining the US dollar as the world’s reserve currency – to threaten global markets.
The longer the US postpones the day of reckoning, the greater the risk to the dollar’s global standing as the world’s main reserve currency, and to the attractiveness of US government bonds as the true “risk-free” financial benchmark.
As Ethan Ilzetzky, Kenneth Rogoff, and I document, because of the absence of alternatives, the dollar’s status as the world’s major reserve currency remains unchallenged, making it easy for the US to continue to finance current-account deficits.
But China has a long way to go before its currency can rival – let alone displace – the US dollar as the dominant global reserve currency.
Of course, some foreign central banks have signed currency-swap agreements with China and even hold small amounts of its currency in their reserve portfolios.
Depending on how soon China opens up its capital account and develops its financial markets, the renminbi could become a significant reserve currency in the near future.
It has also intensified its effort to make the renminbi an international reserve currency, pushing for its inclusion in the basket of currencies that makes up the IMF’s unit of account, the Special Drawing Right.
And, though the People’s Bank of China (PBOC) lowered the reserve ratio in November 2011, and some fiscal stimulus was provided, the government largely refrained from more expansionary economic policies to boost growth.
Finally, the PBOC still has ample room to lower the reserve ratio and benchmark interest rate, which still stand at 20% and 6% (for one year loans), respectively, without much fear of stoking inflation.
And the PBOC’s interest-rate cuts, together with reductions in banks’ mandatory reserve ratios, have fueled a rise in the Shanghai, Shenzhen, and ChiNext indices of 95%, 198%, and 383%, respectively, since January 2013.
On the other side was the Chinese solution, with increasingly costly reserve management giving way to activist sovereign wealth funds looking for strategic participation in investments abroad.
Lukashenko may have to adopt the Russian ruble, at least as a reserve currency.
Besides missile defense, topics could include non-strategic (tactical) nuclear weapons; reserve nuclear warheads that have been removed from operational arsenals, but have yet to be destroyed; and the placement of conventional munitions on strategic delivery vehicles, such as long-range ballistic missiles, that are normally used to carry nuclear warheads.
While Indians have traditionally been wary of buying online, owing to their distrust of digital security, in recent years the urban middle class has become increasingly accustomed to using the Internet to purchase airline tickets, reserve hotel rooms, and order books.
Given that China’s net external lending position amounts to $1.8 trillion, or 17.2% of GDP, the central bank has enough liquidity to reduce banks’ reserve requirements without resorting to unconventional monetary policy.
By drawing on its holdings in an International Monetary Fund reserve account, it was able to repay €750 million ($851 million) – ironically to the IMF itself – just as the payment was falling due.
Participating countries would have to decide whether to commit to a common set of policies, or to reserve the right to opt in on a case-by-case basis.
The resulting “Blue Bond” (named after the color of the European flag) would be an extremely safe and highly liquid asset, comparable in volume to United States T-bills, thereby helping the euro’s rise as an international reserve currency and ensuring low refinancing costs for the bulk of eurozone debt.
The PBOC frequently does this by selling bonds to commercial banks or raising their reserve requirements.
Until the crisis of 2010, when fiscal problems in Greece and elsewhere created anxiety in financial markets, some economists had speculated that the euro might soon replace the dollar as the world’s primary reserve currency.
Today, many of these countries have adopted more flexible exchange-rate regimes, and quite a few retain adequate reserve holdings.
Along with the US dollar, the euro is a leading reserve currency, and, once internationalized, the renminbi could potentially become one as well.
The Irresistible Rise of the RenminbiSEOUL – By the end of this year, the International Monetary Fund will decide whether the Chinese renminbi will join the euro, the Japanese yen, the British pound, and the US dollar in the basket of currencies that determines the value of its international reserve asset, the Special Drawing Right (SDR).
The IMF created the SDR in 1969 to supplement existing reserve currencies, thereby providing the global financial system with additional liquidity.
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