Sentence examples for currency agreement from inspiring English sources

Thanks to changes in the global economy, the multilateral currency agreement soon failed, and this allowed the value of the yen to continue rising.

On the other hand, he said, the Sino-Japanese currency agreement is likely to diminish the dominance of the dollar in global trade.

China is the world's second-largest economy while Japan is the third largest, and the currency agreement is part of a move away from using dollars.

Critics argue that Salmond's 'sterlingisation' proposal – dubbed the "Panama option" where Scotland adopts the pound with no currency agreement – would spell disaster for Scotland's financial services industry, leaving it without a lender of last resort or central bank.

But the white paper does not express any doubt at all about Scots continuing to use sterling, suggesting as a last resort an SNP government in an independent Scotland would continue using sterling even without a formal currency agreement.

If Scotland were to enter a formal currency agreement with the rest of the UK to keep Sterling (a Euro-like agreement), it would be more likely to keep a AAA rating than if it were to establish a new currency, or use sterling without explicit agreements with the rest of the country.

It is legal tender but the country is not even a member of the EU and has no formal currency agreements with the European Central Bank (ECB) and other European institutions.

The words were strong, but like past multination currency agreements, the plan lacks a reliable method of implementation.

Mr. Lowe also said a 30 billion-dollar currency swap agreement established last year would be available to all authorized deposit-taking institutions in Australia.

The European bank also went through with a $15 billion cash auction, part of previously scheduled currency swap agreement with the Federal Reserve.

The currency swap agreement, which expires in October, was originally adopted after the 2008 financial crisis to bail out South Korea, which at the time was running out of foreign currency.