Sentence examples for surplus currency from inspiring English sources
The countrys fiscal position also offers a climate environment, with a large budget surplus, currency reserves, and a gigantic stabilization or rainy day fund, intended for periods of turmoil in international oil prices.
In theory, flows of foreign money into China should push up the yuan, but China has resisted this, forcing the central bank to buy up the surplus foreign currency.
China today and Japan then had rapidly growing trade surpluses and currencies that many analysts said were kept artificially cheap to promote exports.
So if governments are also hoarding their monies -- in the form of trade or currency surpluses, excess bank reserves and the like as is happening in most of Europe today, then the bottom falls out of the economy; i.e., if no one is buying and everyone is saving, then no business gets done.
It was marked by sharper-than-usual European criticism of China's mounting trade surplus and weak currency.
But Mr Wei reckons that even if the Chinese floated the renminbi, it would only have a limited impact on the current account surplus and the currency.
In aggregate it has a current-account surplus and its currency has been the weakest of the big three since the financial crisis (see chart).
China has also surpassed Japan in having the biggest trade surplus and foreign currency reserves, as well as the highest steel production.
While the US struggles with huge deficits and sluggish growth and is bogged down in endless wars in the Islamic world, China has been steadily building its influence around the world; its power deriving from its vast trade and currency surpluses and an economy expanding once more at 10 per cent a year.
Countries such as China (take a look at the iShares FTSE/Xinhua China 25 Index ) and Brazil boast substantial current account surpluses, larger foreign currency reserves, undervalued currencies and stable inflation rates.
The latest of those, which passed the Senate in October, calls for retaliation against any country that engineers an oversized surplus with an undervalued currency.
