Triffin's suggested solution was to create an artificial reserve asset, tied to a basket of commodities.
ECONOMIST: Is there a better way to organise the world��s currencies?
An SDR's value is based on a basket of the dollar, euro, pound and yen.
ECONOMIST: Is there a better way to organise the world��s currencies?
Clearly, Goldman was not just passively investing in a basket of green stocks, as PBW does.
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Mr. VELOSO: We give a basket of food for a month: 2, 200 calories per day.
So it pays to buy a basket of the Agency MREITs to diversify your risk.
Investors should focus on buying a basket of the attractive-or-better rated stocks in this style.
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ETFs like the XHB and ITB make it easy to buy a basket of builders.
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In the longer term, the yuan needs to keep rising against a basket of currencies.
For this reason, we believe that the peg to a basket of currencies will remain in place.
For 13 years, the baht was firmly pegged to a basket of currencies dominated by the greenback.
The CCI is a basket of 17 major raw commodity futures prices rolled into one composite index price.
But a smarter strategy might be to buy a basket of stocks including Vertex, Idenix, Pharmasset and Intermune.
Japanese Finance Minister Miyazawa Kiichi proposed that Asian currencies be pegged to a basket of currencies, including the euro.
Since 2009 the dollar has fallen 13% against a basket of competing currencies.
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On June 19, China de-pegged the renminbi from the U.S. dollar, pegging it instead to a basket of currencies.
The currency now floats to a limited extent against a basket of currencies.
The dollar index, which measures the greenback's performance against a basket of six major currencies, fell to 81.99 from 82.39.
The investment, which also included a basket of currencies, worked on the thesis that the stocks would rise in value.
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The idea is that you can order a basket of essentials and have them delivered the day you get home.
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It's the price of a basket of goods and services that actually is typical of what no one person actually spends.
The U.S. dollar index, which measures the exchange value of the greenback versus a basket of currencies, tumbled 0.624% to 74.068.
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Monetary policy would then be guided by the market prices of a basket of inflation sensitive precious commodities such as gold.
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In July, China revalued by 2% and pegged the currency to a basket of foreign currencies, rather than just the dollar.
They hope that China will eventually allow the yuan to crawl upwards, either against the dollar or a basket of currencies.
The index, which tracks the prices of a basket of cereals, oilseeds, dairy, meat and sugar, has risen for six consecutive months.
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But as recently as 1997 it was weaker against a basket of the 12 currencies out of which the euro was fashioned.
Bay's Salil Deshpande argues that betting small amounts on a basket of companies is the right way to play the trend, for now.
The Wall Street Journal Dollar Index, which tracks the U.S. dollar against a basket of currencies, was at about 73.985 from about 74.021.
If you must have exposure to this style, you should buy a basket of attractive-or-better rated stocks and avoid paying undeserved fund fees.
This would be a global currency explicitly backed by a basket of a dozen or so precious commodities, such as gold, silver, oil, etc.
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