There are limitations locally because of the measures and so the market is likely to migrate offshore to hedge its currency position to protect against dollar weakness for portfolio investments, currency speculation, and foreign trade.
In a sign of India's precarious position, its currency has lost more than 15% of its value against the dollar since August, making it the worst-performing currency in Asia.
In the 2008 financial crisis, foreign investors cut their position in Mexico local currency bonds by 20%, measured in peso terms.
The Chinese are increasing their position as a global currency and what does this all mean for the US and even more the US Dollar?
If those critics listen carefully, however, they will hear murmurs about the possibility that the U.S. dollar will one day lose its position as the reserve currency.
In order to help me learn the importance of such behavior, my boss talked me into creating a long position in a particular currency even while he knew all along that it would turn against me.
You can get the currency exposure either by purchasing short-term paper issued by the flaky government in question or by taking a long position in the futures market for that currency.
This position makes gold a fallback currency, not an investment.
Amid all the sturm und drang, one rarely hears a compelling argument for the dollar retaining its status as a dominant currency particularly given the fiscally-precarious position of the United States.
We still own Japanese debt, but we have hedged the currency exposure of our entire Japanese government bond position.
Also purchase Renminbi-denominated assets as China, in its attempt to position itself as a global reserve currency, will likely lend support to any company that risks default.
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Antitrade activists frequently suggest that free trade is a "race to the bottom" and lobby for currency depreciation in order to improve the export position of American firms.
On joining the euro, the central-bank governor promised (with disarming modesty) that the position of Portugal inside the single currency would be like Mississippi's in the United States: imbalances that led to an IMF bail-out in 1977 and again in 1983 would be a thing of the past.
Some have said that Greece would be in a better position today if it had its own currency and could devalue.
The Eurocrat architects of the euro never believed a nation once in the club would ever need to quit, let alone be in a position that was so weak it could undermine the whole currency.
Since the mechanism of a currency transactions levy is supposed to be based on taxing the net position of foreign exchange transactions, it could represent a restriction of the free movement of capital and payments (Article 63 TFEU).
Since a currency board would have stabilized the rupiah, that would have enhanced his position.
On the wider issue of the currency, anent which more on Tuesday, there is similarly a dual position.
This shows that in the past two years Japan's official position on the yen has shifted, from favoring a strong currency to advocating a weaker yen.
"Not only has time marched on in real estate markets, but the position of the U.S. dollar as the world currency has weakened significantly against the Sterling and Euro as well, " says Ian Payne, senior vice president and managing director for Europe, Middle East, Africa and Asia Pacific for Realogy (nyse: H - news - people ) global relocation firm Cartus.
EMU. The current position is that the Conservatives will oppose British membership of the single currency at the next election.
Marc Chandler, head of currency strategy with Brown Brothers Harriman, pointed out that large speculators hold a record net-short position in euro futures.
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The paper argues that we should eliminate legal restrictions on private currency issuance to allow private firms to create money backed either by Federal Reserve notes or commodities like gold, a position I completely agree with.
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