dollar gap
shortage of US dollars a situation in which the supply of US dollars is not enough to satisfy the demand for them from overseas buyers
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shortage of US dollars a situation in which the supply of US dollars is not enough to satisfy the demand for them from overseas buyers
They called it “Bretton Woods 2.” A better name would have been the “new dollar area” (NDA), especially when the November 2008 G20 summit to fix the global financial architecture was labeled by the media as Bretton Woods 2. It is an informal, fixed, or semi-fixed exchange rate regime centered
By Brian Reading
The Sarbanes–Oxley Act of 2002 (SOX) sought to clean up corporate America following the spectacular financial scandals that engulfed Enron and WorldCom and which cost investors billions of dollars.
In its 2008 annual review of Peru’s economy, published in February 2009, the International Monetary Fund (IMF) praised the government for establishing a sound policy framework. It said that the strong fiscal surpluses achieved in recent years had supported a significant reduction in public debt, while a sound monetary policy had been instrumental in helping to maintain macroeconomic stability and reduce dollarization
Nauru uses the Australian dollar as its means of exchange, giving it no control over monetary policy or interest rates, and rendering it unable to issue currency to fund deficit spending. Prices are largely influenced by those prevailing in Australia.
Definitions of ’dollar gap’ and meaning of ’dollar gap’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’dollar gap’ and other financial terms with our online QFINANCE Financial Dictionary.