Your English writing platform
Discover LudwigSuggestions(1)
Exact(7)
The foreign exchange agency did not provide any information about the currency composition of China's $2.4 trillion in foreign exchange reserves, the world's largest stockpile.
Recent empirical research on emerging markets debt, currency crises and fiscal sustainability has placed a significant focus on the role of currency mismatches with the emphasis placed on the currency composition of explicit government liabilities.
As the recent empirical studies surveyed here illustrate, it is very difficult to demonstrate that the exchange rate risk premium depends (through a portfolio balance channel) on the currency composition of outside assets.
This book, takes the level of capital flows as given and explores another important set of questions regarding the currency composition and maturity composition of borrowing by EM's namely, why do EM's borrow mainly in a foreign currency and at short maturities.
Most analysts had bet on only the dollar, the yen and the euro.The choice of currencies (and hence presumably the weights), said Mr Zhou, depended not only on the pattern of China's trade but also on the sources of its foreign direct investment (FDI) and the currency composition of its debt.
The IMF paper notes that the habits of central bankers are slow to change, and it also argues that, despite the expectations of some economists, there is no reason to expect radical, as opposed to gradual, shifts in the currency composition of reserves.
Similar(53)
The currency compositions of the two flows do not necessarily match.Because Asian countries trade a lot with each other, the bulk of upstream flows involves the selling of yen and other Asian currencies.
The RMB is adopted as a composition currency of the Special Drawing Rights (SDR), effective in October 2016, with 10.92%, ranking number 3, surpassing the JPY and GBP.
Or the central bank may want to change the currency or the maturity composition of its assets through foreign exchange interventions or different types of quantitative easing.
Moreover, the years since the creation of the Swiss franc as a national currency in 1850 witnessed a strong change in the composition of the M1.
The new currency will feature state-of-the-art security and composition features and will include a tactile element for the visually impaired.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com