Your English writing platform
Discover LudwigSuggestions(5)
Exact(3)
In allowing companies to be rated higher than the government, Moody's is saying that the government is unlikely to restrict the flow of foreign currency during a financial crisis.
It also is more challenging to deal with countries like China that have capital controls in place to regulate the flow of foreign currency in and out of the economy.
During the first six decades of the republic, between 1923 and 1983, Turkey generally adhered to a quasi-statist approach with strict government planning of the budget and government-imposed limitations over foreign trade, flow of foreign currency, foreign direct investment and private sector participation in certain fields (such as broadcasting, telecommunications, energy, mining, etc).
Similar(57)
But the spending, along with in-flows of foreign currency through private investments and speculation, what some economists call "hot money," is fueling inflation.
Colombia pursues an independent monetary policy -- the ability to set interest rates -- and free capital flow -- handling of foreign currency reserves -- therefore having a floating exchange rate system.
In addition, retail investors' direct share of Japan's foreign-currency market may be 20-30%, whereas individuals' holdings of foreign currency exceed foreigners' holdings of Japanese securities.
Whereas the value of global FDI flows was $1.2 trillion for all of 2006 [ 118], the daily value of foreign currency transactions is now estimated at $1.9 trillion [ 119].
As remittance inflows are a large and stable source of foreign currency, they behave very differently from foreign private capital flows, which often move pro-cyclically, thus raising incomes during booms and depressing them during downturns (Ratha 2013).
Adjusted operating cash flow was also lower at $1.30 billion, compared to $1.40 billion in last year's comparative quarter and removes the impact of the settlement of foreign currency and commodity derivative contracts, the company said.
Restrictions on foreign investment limit the flow of private funds into China; meanwhile, the Chinese government is keeping the value of its currency, the renminbi, artificially low by buying huge amounts of foreign currency, in effect subsidizing its exports.
The decreased supply of foreign currency (from the sale of fewer exports) plus the increased demand for foreign currency (to pay for imports) would tend to raise the price of foreign currency in terms of domestic currency.
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