Impact of US Financial Sanctions on the Dollar's International Status

In 2022,the United States stepped up its sanctions on Russia.Most notably,it restricted the flow of the Russian Central Bank's foreign exchange(forex)assets,using financial administrative power as a source of strategic leverage.This move should have reduced the appeal of US dollar assets but in reality has not accelerated as expected the decline of the greenback as a store of value.The US dollar's share of global forex reserves increased instead of decreased during 2022 and 2023.Despite the rise of economic costs caused by tightened US financial sanctions,countries that recognize the geopolitical role of the United States have further accepted the dollar's international status;their continued willingness to live with the dollar's“security premium”has given a fillip to the US dollar in the short term,boosting its appeal as a reserve currency.Meanwhile,de-dollarization of forex reserves has yet to reach a sufficient scale,thus falling short of significantly challenging the dollar's reign.From a longer-term perspective,as economic and security conditions shift,countries that accept the dollar's international role or seek de-dollarization may change their choices.As a result,four possible scenarios may arise:(i)the preeminence of the US dollar remains unthreatened;(ii)the international monetary system splits into blocs;(iii)the international monetary system fragments;and(iv)the dollar loses its throne.The author believes that the last scenario is the most likely outcome.

Does US Dollar Supply Trigger House Price Fluctuations?An International Comparison

Cyclical fluctuations in asset prices are closely related to the overall stability of the macroeconomy and have thus become a significant topic in academic and professional exploration.Among these fluctuations,changes in the supply of the U.S.dollar,the global reserve,and primary settlement currency have a broad and far-reaching impact on international financial markets.Since COVID-19,asset prices across various countries have shown differing trends due to fluctuations in the U.S.dollar supply.Housing prices,a key focus in asset pricing research,have been affected to varying degrees.This thesis utilizes seven house price indices from representative cities worldwide from 2020 to 2023 to compare the differential impacts across various countries using an empirical approach.The results indicate that the impact of the U.S.dollar money supply(M2)diminishes in a gradient from the U.S.to East Asia,and then to Europe.

Trend Analysis of Exchange Rate of the Ghana Cedi against the US Dollar Using Time Series

Exchange rate volatility or its stability is a key determinant of the state of a country’s economy. The Ghana cedi’s performance against the US dollar in recent times has been the worse in the past decade. This has resulted in high inflation, high cost of living and high cost of production in Ghana. Despite the recent economic recovery growth, the cedi continues to strife in high rate of exchange against the dollar. This study examines and models a trend, and makes predictions of future rates of the cedis against the US dollar. Methodology: The study used a 13-year data of exchange rates of Ghana cedi and the US dollar spanning from 2010 to mid-2023 from the Bank of Ghana’s economic data on exchange rates, Ghana Stock Exchange and the World Bank. The ARIMA and SARIMA models were used to model the trends and for forecasting, taking into the consideration the asymmetric and seasonal effect of the data. Results: The outputs show that, the Ghana cedi will continue to rise but steadily against the US dollar for the remaining months of 2023 except in December, and continue to decline afterwards through into 2024. Conclusion: The cedi continues to weaken in value and the strength of its purchasing power. A weaker currency depicts a “junk” economy which affects its foreign investment. As the US dollar continues to rise, the Government and policy makers must implement effective policies to stabilize its rise against the cedi. Export of commodities must increase in addition to import restrictions to balance trade deficit and to strengthen the Ghana Cedi.

DE-DOLLARIZATION IS TRENDING AND THERE'S NO TURNING BACK

The U.S.dollar has long stood tall as the pre-eminent global currency for international cross-border trade settlements and foreign exchange reserves ever since the launch of the Bretton Woods institutions-International Monetary Fund(IMF)and World Bank(WB).

If I Had a Million Dollars

If I had a million dollars,I would study abroad to major in English and management.After completing my studies,I would return to work in my motherland.I would work hard and try my best to make more contributions to society.My good friends Mike,David and Mary may have their own ideas.

I AM A DOLLAR

For geneerations I’ve been honest,sound and reliable.My safety is legendary.Some call me Almighty.Others warn thatworship of me is a sin.I am a dollar.Abuck.One of these2.61-by-6.14-inch piecesof printed paper in your pocket or purse.Credit cards were supposed to havemade me obsolete years ago,but people useme more than ever.In1960,only＄165.16was in circulation for each one of you.Now it’s＄888.85.

“dollar”“$”和美元

在日常生活中,人们常常把“dollar”与美元划等号,其实,“dollar”中文译为“元”,是指流通于许多欧洲国家的银币。它最早产生于1494年,当时主要有西班牙元,即比索(peso),英语国家的人称之为“dollar”,还有奥地利的“玛丽亚·特雷莎”元等。西班牙元在拉美地区通行,奥地利元在红海地区流通。目前世界上有许多国家和地区把元当成自己的本位货币单位,如:加拿大、澳大利亚、香港、巴哈马。

Bottom Dollar

Cameron Mounger and I have been friendssince we were teenagers.Both of us liked music,and several years after we left high school,Cambecame *a disc jockey.Recently he told me the story about the day hewas down to his last dollar.It was the day his luck—and his life—changed.

The Costs and Benefits That Developing Countries Could Draw From Dollarization: The Zimbabwean Experience Period 2009-2018

The paper presents and examines the impact of dollarization on growth and development of emerging economies with specific reference to Zimbabwe’s experience in the period, 2009-2018. The research study explores the theoretical and empirical evidence drawn from countries of the world that dollarized for various economic reasons. The study used a descriptive survey design to analyse the research data drawn from the field on the impact of dollarization on economic growth and development prospects of dollarized emerging economies. It was found out that dollarization was essential in reducing high inflation and unemployment rates to acceptable levels, increased aggregate supply and demand, the gross domestic product (GDP), and living standards of the citizens of developing nations. The study concluded that dollarization contributed significantly to the growth and development of most emerging economies of the world. It was therefore recommended that emerging economies such as Zimbabwe should rationally and effectively dollarize in their desire to attain all the millennium development goals (MDGs), and drive towards elimination of dependence on rich nations, self-reliance, and sustainable development.

The Impact of the COVID-19 Pandemic on the International Status of the US Dollar

Due to the COVID-19 pandemic and the high debt and inflation caused by the US emergency relief proposal and expansionary monetary policy,the durability of the dominance of the US dollar has been questioned once again.In absolute terms,the dollar“has lost ground,”but its competitive advantage has not diminished significantly.The international status of currencies is determined by their relative advantages instead of absolute advantages.The US dollar has remained relatively strong and resilient.The US has taken advantage of the international community’s dependence on the dollar and hijacked the global market with dollar assets,successfully covering up its problems during the COVID-19 pandemic.Other major reserve currencies have faced major obstacles in the development process,and the derivative forms of emerging currencies have major defects,which do not pose an urgent challenge to the status of the US dollar.

A Trillion-dollar Medical Device Market

Since the outbreak of COVID-19,medical devices have attracted more attention.Many products show the importance of medical devices in modern medical treatment:from the blossoming of diagnostic products to the Extracorporeal Membrane Oxygenation(ECMO)and high-flow oxygen delivery.Under the multiple catalysis of technology empowerment,favorable policies and market expansion,the medical device industry will usher in a golden investment period.

Where Did a Hundred Dollars Go?

Many years ago, I was out on business and went to live in a Detroit hotel. I had just got some money, and didn’t want tocarry too much money with me. I asked the desk clerk to puta hundred-dollar bill in the safe for me overnight. The next morning when I went to the clerk for my money, hesaid that he had not taken any of my money. I had neither areceipt nor any othec proof that I had given the man my money.

Analysis on the exchange rate of Australian dollar

Australian dollar （AUD） maintains a fluctuant increase for long period, but in recent two years, this currency represents an anomalistic change. In order to forecast the trend of AUD, this essay examines the exchange rate of AUD in then years from March of 2000 to March of 2010, and argues the factors which create these trend changes. By means of secondary research and graphs analysis, the relevant evidence and argument was selected into four terms below： relative raw materials prices changes, relative domestic price level and Import-Expert changes, relative interest rate changes, and other factors. The examples based on the theoretics, graphs, statistics and experts＇ opinions.

dollar为什么用“＄”表示?

【问】[371]dollar 为什么用“＄”表示?【答】表示 dollar 的符号“＄”是从古代西班牙“本洋”银币中的一个图案演变过来的,这种“本洋”银币是当时西班牙的属地墨西哥制造的,银币上的图案有两根柱子,因此称为“双柱币”,这两根柱子代表的是直布罗陀海峡两岸险峻的山崖,是为了纪念古代希腊神话中的大力士赫格利斯(Hercules)。在古希腊神话传说中,大力神 Hercules

Modelling of Corporate Exposure at Default(EAD)in Emerging Financial Markets:The Case for Counters Listed on the Zimbabwe Stock Exchange(ZSE)in the Dollarization Era

This study explores the Exposure at Default(EAD)emanating from credit events undertaken by listed banking corporations trading on emerging markets,such as Zimbabwe’s Stock Exchange(ZSE)or market in the dollarization era,namely period 2010-2012.The dollarization of the Zimbabwean economy in 2009 coincided with the recovery of the global financial economy from the worst worldwide economic recession ever experienced in this world.The study used audited and published data drawn from financial statements of two banking corporations for the period 2010 to 2012 that were accessible on ZSE website.These data were presented and analyzed using Eviews7.The study revealed that there were a lot of non-performing loans drawn from EADs of banking corporations trading on the ZSE in the period under review.The study further noted that credit exposures issued by commercial banks in the period 2010-2012 were also exposed to risk from the nature of the borrowers,banks’internal and external market variables.The variables that impacted on banks’credit exposures include political,social,industrial,unemployment,technological challenges,state of financial markets,their capitalization and liquidity statuses.We therefore conclude that banks in emerging markets need to efficiently and effectively manage their credit portfolios in their desire to grow towards sustainable development.The study also concludes that banks in emerging markets that are into lending activities should adopt and implement financial econometric(EAD)models that are easy to apply,practical,pragmatic,and adjusted for market friction.The study recommends that listed banking corporations in emerging markets need to adhere to the requirements of the Basel Ⅱ and Ⅲ Capital Accords if they are to make meaningful business out of their credit exposure operations.It also recommends that banks should come up with capitalization and investment strategies that suit their economic conditions if they are to grow and develop sizeable market shares and wealth from their lending businesses.Finally the study recommends that banks in emerging economies should adapt to international business standards,strategies,ethics,and corporate governance parameters if they are to grow towards greater similarity with those in developed nations in their service delivery to the stakeholders and contribution to nation building and sustainable development.

Six Months,Sixty Billion Dollars

Chinese textile and garment exports has put on a good show for the first half of 2006 and it has remained a steady growth, also, shipments to non-quota countries enjoyed a bigger growth compared to 2005.

No Dilemma for Dollar

THE inclusion of the yuan in the International Monetary Fund＇s （IMF） currency basket of Special Drawing Rights （SDR） marked 2015 as a milestone in the internationalization of the Chinese currency. A higher convertibility rate for the yuan is closely related to the improved position of the Chinese economy. Since China became the world＇s second progress has been achieved international. argest economy, great n making the yuan more

Cotton Prices Likely to Trade Inversely to Dollar

After briefly breaching 65 cents/lb, the December contract fell sharply over a few of days in mid-August before finding support near 58 cents/lb. In the weeks since, December futures have gradually drifted upwards,

Detecting the nested determinants of the Australian Dollar-U.S.Dollar exchange rate regime and simulating its behaviour

This paper aims to detect the underlying regime behind the historical data of the Australian Dollar-U.S.Dollar exchange rate and potential influential factors.Based on academic research and empirical analysis,a series of statistical analysis are carried out to capture the significant factors and their channels through which they could exert effects upon the dynamic behaviour of the exchange rate.

Debunked:China's De-Dollarization

According to statistics released by the State Administration of Foreign Exchange on May 7,China's foreign exchange(forex)reserves had hit$3.2048 trllion by late April,an increase of $20.9 billion or 0.66 percent over the end of March.The U.S.dollar remains the dominant forex reserve of China,and its amount is on the rise.The argument that China is accelerating de-dollarization to ramp up the intermationalization of the renminbi(RMB)and American political worries about the RMB's threat t the status of the dollar are baseless.