Sentence examples for multiple exchange rates from inspiring English sources
Discusses value of the dinar, the confusing system of multiple exchange rates & the cost of living.
He had previously cast aspersions on austerity, preferring to increase manufacturing through instituting protectionist measures and multiple exchange rates to subsidize exporters.
Some economists and politicians have revived discussion of scrapping the peso altogether and using dollars, or of trying again to use multiple exchange rates for different purposes, a policy that was abandoned as unworkable last month.
It follows a potpourri of other policies that have included increases in some taxes, decreases in others, higher tariffs for some goods, lower tariffs for others, multiple exchange rates and a crackdown on tax evasion.
Economists have long recommended that Venezuela cease price controls, unify its multiple exchange rates — the local currency is pegged to the U.S. dollar at three different levels — and end its heavy gas subsidies.
Technically, the devaluation erases a system of multiple exchange rates set for exporters, government officials and sellers of foreign currency that had been devised to shore up the government's dwindling foreign-exchange reserves.
Last month, Mr. Cavallo established a multiple exchange rate for importers and exporters, giving exporters the benefit of approximately an 8percentt subsidy, based on a floating exchange rate that amounts to the average value of the euro and the dollar.
They included the abolition of a multiple exchange rate, the reduction in subsidies to state companies, and the elimination of export taxes.
In the meantime, import tariffs were raised, the multiple exchange rate system was maintained and a scheme of import permits was created.
As it is measured based on binary dummy which reflects cross-border financial transaction restriction, i.e., multiple exchange rate, current account transaction and capital account transaction reported in IMF's AREAER (Chinn and Ito 2008).
Myanmar has recognised that it badly needs their technical help in reforming its cumbersome multiple exchange-rate system.
