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Reserve in sentence

857 examples of Reserve in a sentence

The renminbi is already a major currency for world trade and investment, and accounts for a growing share of international financial transactions and reserve holdings.
This is all the more problematic given that the 2008 financial crisis laid bare the international reserve system’s inadequacy when it comes to ensuring sufficient liquidity for emerging economies.
Per Zhou’s proposal, China has championed a transition to a multi-currency reserve system, in which the SDR and an internationalized renminbi would be used more widely, including in countries’ currency reserves.
Of course, China stands to gain much from the renminbi’s emergence as an alternative international reserve currency, sharing in the “exorbitant privilege” that the US currently enjoys by virtue of the dollar’s global status.
Inertia favors currencies that are already in use internationally, and China lacks deep and liquid financial markets, an important precondition that any international reserve currency must meet.
If, however, China succeeds in developing a more convertible capital account and bolstering its financial system’s efficiency, the renminbi is likely to emerge as a new international reserve currency, complementing the US dollar and the euro.
The renminbi’s continued internationalization, not to mention further progress on critical financial reforms, would contribute to the creation of a more stable and efficient global reserve system.
But even with such favorable initial conditions in “stocks,” the combination of record or near-record twin deficits financed through reserve losses and US dollar-denominated debt has led to a spate of credit-rating downgrades, with the most recent coming from Fitch last week.
But a close reading reveals that the authors reserve their most scathing criticism for the Fed’s failure to initiate a concerted program of security purchases in the first half of 1930 in order to prevent those bank failures.
But this dominance is waning, as evidenced by its declining use as an official reserve currency, as well as for invoicing goods and services, denominating international claims, and anchoring exchange rates.
Still, there are good reasons to reserve judgment on the government.
Enhancing the role of its Special Drawing Rights (SDRs), or supplementing the dollar with another world reserve currency, would help facilitate the financing needs of both deficit and surplus countries.
Inclusive, sustainable growth is achievable, but only by tapping the continent’s greatest reserve of energy and creativity: African women and girls.
Most importantly, China’s call for the introduction of a new reserve currency stems from its frustration with the failure of major governments – whether in the US or Europe – to govern their economic affairs with realism and good sense.
If Germany’s half-hearted efforts to stabilize Europe somehow turn out to be successful, America’s position will be further eroded, and central banks around the world will begin to regard the euro once again as a reliable alternative to the dollar as a reserve currency.
The alternative, as China has suggested, would be to develop a new reserve currency.
When the Bretton Woods system of fixed exchange rates collapsed in the early 1970’s, some thought that the dollar’s importance as an international reserve currency would wane.
The ability to convert money into goods at prevailing prices is fundamental for any reserve currency, which is why other types of money, like the International Monetary Fund’s Special Drawing Rights, are not likely to displace the dollar.
Rather than going along with the new 8% reserve requirement adopted elsewhere, the SNB now demands equity capital equal to 19% of risk-weighted assets, of which 9% can be held in convertible capital, while 10% must be held in common equity.
A credible reserve currency depends on deep capital markets, honest government, and the rule of law.
But every time the US unilaterally tightens sanctions against another country, it risks undermining the dollar’s status as the world’s principal reserve currency, which could also make future sanctions less effective.
But they reserve the right to set the rules on concentration requirements and exams.
Don’t let the renminbi depreciate, it wrote, for four reasons: depreciation might provoke a currency war in Asia;China’s companies are awash in dollar-denominated debt; depreciation might lead to renewed US charges of currency manipulation; and depreciation might reverse China’s progress in making the renminbi an international reserve currency.
This is not, however, a testament to the dollar’s role as a reserve currency – after all, the fiscal gap is a bill that needs to be paid, and creditors would regard any attempt by the US to devalue the repayment by printing money and stoking inflation as tantamount to default.
In the case of the Fed, seven members of the Board in Washington have a federal remit, and twelve presidents of regional reserve banks vote in rotation, with only the New York president having a permanent voice.
This problem is compounded by the global reserve system, which sees most countries demanding US dollars, effectively to bury them in the ground.
The system requires the reserve currency country (the US) to be a massive debtor--to the point where others lose faith.
Saddam's power came from his control of the world's second largest oil reserve.
We might hopethat America will show more leadership in reforming the global financial system by advocating for stronger international regulation, a global reserve system, and better ways to restructure sovereign debt; in addressing global warming; in democratizing the international economic institutions; and in providing assistance to poorer countries.
At the international level, the standing of US-supplied public goods (including the dollar as the global reserve currency) faces gradual erosion.
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