Reserves
in sentence
1741 examples of Reserves in a sentence
With many more countries set to tap shale-gas
reserves
over the next decade, this downward trend will most likely continue, helping to lower the price of electricity generation further.
Fracking technology has also enabled the US to tap its large shale-oil reserves, making it the world’s largest petroleum producer, ahead of Saudi Arabia.
The Chinese have $2 trillion in hard currency
reserves
to back up their promise.
Moreover, the anti-Mubarak revolution led to massive capital flight, which has halved the country’s currency
reserves.
In addition to the injection of $12 billion into replenishing the country’s foreign-currency
reserves
and enacting new market-oriented policies to encourage competition, President Abdel Fattah el-Sisi’s government has introduced some far-reaching measures.
To put it bluntly, the world has nothing to worry about when it comes to
reserves.
By adopting this nonsense dogma, developed countries enabled resource-rich authoritarian leaders like Muammar el-Qaddafi in Libya, and Ayatollah Ruhollah Khomeini in Iran, to use their oil
reserves
as tools to oppose the West – and particularly its support for Israel.
This contributed to the oil shocks of the 1970s, and reinforced the erroneous perception that hydrocarbon
reserves
were even more limited, and largely confined to the Middle East.
Similarly, Israel, once thought to be the only place in the Middle East without hydrocarbons, is sitting on 800 billion cubic meters of offshore gas reserves, more than 130 years of the country’s current annual gas consumption.
Almost identical is the balboa in Panama, which is interchangeable with the dollar 1 to 1 and the currency boards in Argentina and Hong Kong, which are committed to creating currency only in exchange for a specified amount of U.S. dollars, and to having at all times dollar
reserves
equal to the dollar value of all the currency outstanding.
It had the alternative of drawing on its dollar
reserves
or borrowing dollars from abroad to finance the deficit.
Instead, foreign-exchange
reserves
– that is, liquidity in currencies accepted for international payments – are held in national agencies until a swap’s activation.
In Chile, Peru, Argentina, Uruguay, Bolivia, and, to a lesser extent, Brazil and Colombia, voracious Chinese and Indian demand for raw materials and food boosted foreign reserves, enabled heavy government spending, and sustained high levels of imports.
Estimates vary widely, but there could be up to 20 billion barrels – a volume that would make Kenya one of Africa’s most resource-rich countries, second only to Nigeria, which has 37 billion barrels of proven
reserves.
Nearby, Uganda has discovered 3.5 billion barrels, and Tanzania has found vast
reserves
of natural gas.
It funded the investment imperatives of economic development and boosted the cushion of foreign-exchange
reserves
that has shielded China from external shocks.
Charging banks for the privilege of holding
reserves
raises their cost of doing business.
These large foreign-exchange
reserves
are no longer held to buffer temporary trade imbalances.
Countries with large
reserves
are now overweight dollars, and their effort to balance risks will cause the value of the euro to rise again relative to the dollar.
Seen in this light, China’s spectacular economic success – including the world’s largest trade surplus and foreign-currency
reserves
– owes much to US policy from the 1970’s on.
By plowing more than two-thirds of its mammoth foreign-currency
reserves
into US dollar-denominated assets, China has gained significant political leverage.
Some of the IMF money will simply flow back to U.S. and European investors, and some will stay as
reserves
at the Russian Central Bank.
Requiring invigorated administrative and operational resources, it comes at a time when the Kingdom is not only dealing with lower oil earnings and drawing down its large reserves, but also is increasingly asserting its regional role, including in Syria and Yemen.
But China now has enough commercial clout, backed by more than $2 trillion in foreign-exchange reserves, to play a decisive role in advancing or impeding global problem-solving, from the G-20 agenda to efforts to rein in North Korea’s nuclear ambitions.
It may pile up in bank
reserves
or savings accounts, or it may produce asset bubbles.
Indeed, some countries with large dollar
reserves
– hardly in need of World Bank credit – borrowed from the Bank at far higher interest rates than they were getting from the United States, believing that these procedures would help ensure high-quality projects free of corruption and become standard in other areas.
Second, China’s fiscal surplus, growing foreign-exchange reserves, and high savings rate have ensured the financial resources needed to maintain adequate investment and sufficiently rapid growth.
Yes, China does pile up
reserves
in dollars.
They surely have a right to defend themselves, whether through foreign-exchange intervention and the consequent accumulation of
reserves
(a potentially profitable option if capital flows are indeed temporary), imposition of capital controls, or other currency-related macro-prudential policies aimed at countercyclical exchange-rate smoothing.
While Chile has not yet intervened in the foreign-exchange market, Colombia and Peru have increased their international
reserves
massively.
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