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The dollar gained against the yen as a lack of confidence in Japan's economy led to a sell-off in its stock market, discouraging demand for its currency.
Despite the hate it gets, the whole surge pricing system is designed to preserve that by discouraging demand to ensure supply.
Several other studies have pointed to premiums being unaffordable as a factor discouraging demand for insurance in West Africa (45), Kenya (46) and India (47).
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Consumer confidence also remains low, which could discourage demand.
Oil consumption per capita in the developed world peaked in the 1970s, because higher prices discouraged demand.
The euro gained ground as a sharp decline in United States stock prices discouraged demand for dollars among international investors.
Instead, they discouraged demand, usually through higher interest rates, so that it would not outstrip supply and increase inflation.
While it has imposed a 1 percent ceiling on dollar savings accounts to discourage demand for the currency among its citizens, it is also trying to buy dollars to buttress its own reserves, said Ms. Ling at Fitch.
Their aim is this: to find out "whether further measures are necessary, including legal reforms, to discourage demand".
But Mr Rajan's report suggests that small banks could aggregate the demands of farmers up to a practical size".Just as it is counter-intuitive to steer in the direction of the skid", Jagdish Bhagwati of Columbia University once wrote, "it is difficult to persuade the layman" that the best solution to scarcity is a market price, which encourages supply and discourages demand.
As prime minister Fraser attempted to curb inflation by such orthodox measures as trimming government spending and discouraging union demands for large wage increases.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com