Example collocations logo

Reserves in sentence

1741 examples of Reserves in a sentence

In fact, the current crisis has even put Japan, which has spent nearly two decades in the doldrums, in a position of relative strength, given its large currency reserves and the clean-up of its major banks’ balance sheets.
Meanwhile, it can use its $2 trillion of reserves as a cushion when the US and global economy sag.
Japan escaped contagion, even serving as a haven from financial turmoil elsewhere in Asia, owing to its large reserves and stable currency.
The new measures also helped to attract large capital inflows and foreign direct investment, underpinning a dramatic rise in foreign-currency reserves, from $14.8 billion in 2004 to more than $36 billion by the end of 2010.
The most striking development, however, was the loss of international reserves in the year following the Tahrir Square revolution.
The International Monetary Fund estimates that foreign-currency reserves fell by half, to $18 billion, by December 2011, owing partly to the worsening current-account balance, but, more importantly, to withdrawal from Egypt by foreign and domestic investors alike.
Keeping the currency relatively stable was considered a higher priority than preventing the loss of foreign reserves.
Today, Egypt not only remains vulnerable to unstable domestic politics; owing to the depletion of its international reserves – at a rate of roughly $2 billion a month since last October – the country now also faces the threat of a currency crisis.
In addition, the Egyptian military gave a $1 billion loan to the government, and another $1 billion was received through grants from Saudi Arabia and Qatar, bringing the loss of reserves since December 2010 closer to $22 billion.
The other source of international reserves, tourism, brought in only $8 billion, down sharply from $12 billion in 2010.
Most oil production increases are expected to come from just a few countries – mainly in the Middle East, but also Canada with its vast oil-sands reserves, the Caspian region, and Brazil.
Gas production in the Middle East will triple, and more than double in Africa, where there are large low-cost reserves.
As a small group of countries increasingly accounts for the world’s remaining oil reserves, their market dominance may threaten the pace of investment.
And China has incurred substantial costs: the PBOC’s efforts to keep the value of the renminbi relatively stable against the dollar has contributed to a nearly $900 billion decline in China’s foreign-exchange reserves from its June 2014 peak of about $4 trillion.
(The falling value of currencies like the euro and the yen – which account for a share of China’s reserves – relative to the US dollar has also contributed to the decline.)
In the year-and-a-half since South Korea received a $57billion IMF bailout, and the 13 months since former dissident Kim Dae Jung became president, the currency (the won) has stabilized, short-term debts have been rolled over into long-term ones, foreign reserves have increased, and interest rates have been cut.
Foreign reserves stood above $50 billion at the end of 1998, compared to under $9 billion a year before, thanks mostly to a $39 billion trade surplus last year, the first in nine years.
It must now renounce terrorism as an instrument of state policy; stop employing groups like Lashkar-e-Taiba as strategic reserves against India; and abandon aspirations of acquiring overweening influence over the government in Kabul.
But the Soviet Union’s aging communist leadership, encouraged by the OPEC-generated oil-price explosion and the discovery of massive hydrocarbon reserves in western Siberia, took a different tack, using natural-resource revenues to finance continued military expansion.
He built up enormous foreign-currency reserves, which cushioned the blow of the 2008 global economic crisis.
They have accumulated vast foreign exchange reserves, estimated at more than $2 trillion.
In the 1920’s, the world economy was reconstructed around a fixed exchange rate regime in which many countries held their reserves not in gold (as was the practice before the First World War) but in foreign exchange, especially in British pounds sterling.
When the inevitable British devaluation came on September 20-21, 1931, many foreign central banks were badly hit and were blamed for mismanaging their reserves.
Some countries that traded a great deal with Britain, or were in the orbit of British imperial rule, continued to hold reserves in pounds after 1931.
At the war’s end, they thought of a new way of using their reserves: spend them.
Consequently, these reserves provided the fuel for economic populism.
Could something similar be in store for today’s holders of large reserves?
The most explicit call for the use of dollar reserves to finance a major program of infrastructure modernization has come from India, which has a similar problem to the one facing China and Japan.
To be sure, reserves are important to smooth out imbalances in a fixed exchange rate regime.
Reserves are also clearly important for countries that produce only a few goods – especially commodity producers – and thus face big and unpredictable swings in world market prices.
BackNext