floating currency sentence in Hindi
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- The "'currency band "'is a system of exchange rates by which a floating currency is backed by hard money.
- Thus, the exchange rate regimes of floating currencies may more technically be known as a "'managed float " '.
- Floating currencies, it was promised, would make for stable currencies, with the market controlling exchange rates through constant small adjustments.
- But many Argentines worry that a free-floating currency, backed by little more than promises of state support, will quickly depreciate.
- Apart from keeping inflation low, central bankers acknowledge there is little they can do to impose stability on floating currencies.
- He acknowledged that " interim steps " must be taken before China's financial system can fully cope with a floating currency.
- Since the peso is a free-floating currency it is often subject to speculation by investors in Latin American markets, particularly Brazil.
- Those polices include a freely floating currency and a constitutional prohibition on the use of central bank financing to cover budget deficits.
- But it has since been blamed for helping to make Argentina's economy less competitive than neighboring Brazil's, which has a floating currency.
- Turning back the clock to the 1970s would be almost impossible now, given Mexico's free trade agreements, foreign investment and free-floating currency.
- Most slowly depreciated their currencies, rather than adopt the floating currencies advocated today ( or the fixed-currency regime used by Argentina ).
- Similar scenes played out in other major cities as the country made the wrenching shift from a fixed to a free-floating currency.
- Inflation was low during the markka's independent existence as a floating currency ( 1992 1999 ) : 1.3 % annually on average.
- The talks will center on technical issues related to laying the groundwork for China's shift to a floating currency, the Treasury Department said.
- The market found relief in the Argentine peso's surprising move into stronger territory in its first two days as a freely floating currency.
- But many Argentines fear the value of the free-floating currency, backed by little more than a pledge of state support, will quickly depreciate.
- Brazil's free-floating currency, the real, last year temporarily lost more than 30 percent of its value, partly driven down by worries about Argentina.
- What we are trying to do is have this dialogue and show support as they move " to a freely floating currency system.
- When it does, the peg often overvalues the local currency relative to what its market value would be if it were a floating currency.
- Russia's fall makes clear that capitalism _ floating currencies, open borders and free markets _ cannot exist without institutions to support it, Garten said.
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