Sentence examples for rapid currency from inspiring English sources

Such massive inflows of hot money into emerging markets will have the destabilising effects of rapid currency appreciation and asset bubbles.

"There may never be a single defining moment of crisis," the authors write, "but rather a drift into ever-higher inflation and interest rates, ever-lower growth or deeper recession, and eventually hyperinflation along with rapid currency depreciation.

Six countries have followed this path in the past 15 years (Argentina, Ecuador, Jamaica, Russia, Ukraine and Venezuela).What's more, excessive money creation may lead to high inflation and rapid currency depreciation, bad news for domestic and foreign investors respectively.

But the renminbi has inched up less than 1 percent since then against the dollar, as China has continued to intervene heavily in currency markets to prevent a more rapid currency appreciation that could hurt the competitiveness of Chinese goods in overseas markets.

"The rapid changes in currency exchange rates during the last few weeks are projected to negatively affect this year's fourth-quarter results by approximately six cents per share," said Tom Schoewe Tom Schoewe, chief financial officer, in a statement.

BusinessEurope, the Brussels federation of employers' associations, said in a letter to four European finance ministers that the "unduly rapid movements" of currencies were "an increasing source of concern, with the euro and other European currencies reaching historically high levels in recent months".

In addition, the need to acquire foreign currencies to service the debt contributed to a rapid depreciation of the currencies and to rapid inflation in Mexico, Brazil, and a number of other developing nations.

But the currency's rapid spread unsettled local officials, who ordered the financial police to impound the simecs in circulation.

Second, because the dollar is used as a reserve currency, a rapid rise in its value could put pressure on those who have used it imprudently.

Japanese financial officials have pledged to halt any rapid rise in their currency, but the United States Treasury has shown reluctance to take any coordinated action.

In an economy that quickly fell victim to hyperinflation and rapid devaluation of its currency, who possessed enough ready capital to buy so much land and property?