Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» 8 Finance companaies to be closed very soon
by Uaecoindubai Today at 6:21 pm

» Please DON'T SELL IN PANIC, BUY, ONLY A SMALL INCIDENT, IT'S COMPLETELY OVER!!!!!
by Uaecoindubai Today at 6:18 pm

» Market will test 4700
by Uaecoindubai Today at 6:10 pm

» SME M&A opportunity
by Ram13 Today at 3:49 pm

» Buy When There's Blood in the Streets
by Soilconomy Today at 2:33 pm

» BFN බොරු සෙලින් දාලා කොහොම හරි 11 වගේ ගානට 500000 එකතු කරගන්න කියලා අර 14 ට ලක්ශයක් සෙලින් දැම්මේ මේ ටේලර් මහත්තයාම තමයි
by sanjulanka Today at 12:48 pm

» Central bank Issue
by Uaecoindubai Today at 12:41 pm

» Why AAIC Should trade above RS.50/-
by wisdom79 Today at 11:01 am

» HOTEL INDUSTRY
by Yahapalanaya Yesterday at 10:23 pm

» Look PAP Amazing company
by dmtmadusanka Yesterday at 4:15 pm

» Commencement of Trading at CSE
by Uaecoindubai Yesterday at 3:58 pm

» Good news from JKH : Will this be the market mover ?
by gjooos Yesterday at 1:06 pm

» whats the purpose of Bomb blasts?
by sanjulanka Yesterday at 9:11 am

» Best Free forex signals provider
by Uaecoindubai Sun Apr 21, 2019 3:24 pm

» Chairmam of Sanasa arrested over suspicion of misappropriation of funds
by hammurabi Sun Apr 21, 2019 9:36 am

» Sri Lanka Kattadiyalage Wegapitiya tries to manipulate Household Gas prices in Gas market, Wegapitiya lead LAUGFS Gas in a secret Deal to Bankrupt Government's Litro Gas by affecting 1.3 Million Households and 5 million people in the country
by Uaecoindubai Sat Apr 20, 2019 2:55 pm

» Economic Health of Sri Lanka
by Uaecoindubai Sat Apr 20, 2019 2:30 pm

» What is going on with TFC.N0000
by Uaecoindubai Sat Apr 20, 2019 2:30 pm

» REEF possible run.
by hammurabi Sat Apr 20, 2019 6:50 am

» EAST INTERESTING DAYS AHEAD 25+
by glad Fri Apr 19, 2019 10:40 am

» Weekly Stock Market Roundup
by Insights Equity Fri Apr 19, 2019 8:35 am

» Would CIC make an upward move in the coming weeks?
by hammurabi Fri Apr 19, 2019 12:39 am

» Daily Stock Market Update
by Insights Equity Thu Apr 18, 2019 6:17 pm

» Sri Lanka Hilton Hotels Must Investigate or Oust Unfit and Improper - Kashmi App Bankrupted Sanjiv Alles who hides about his Career in Kashmi for Colombo Hilton Hotel Director Profile
by AmalHoole Thu Apr 18, 2019 12:47 pm

» Why ALHP is having a huge demand despite consecutive losses?
by wisdom79 Thu Apr 18, 2019 11:03 am

» TIME TO LOOK AEL
by sanjulanka Wed Apr 17, 2019 6:42 pm

» HEXP next run up to 120-130
by nishjaya Wed Apr 17, 2019 12:21 pm

» Cabinet nod for Colombo Stock Exchange to be converted to a company limited by shares
by glad Wed Apr 17, 2019 9:30 am

» Lanka Bell to be acquired by Mobitel - Sources
by soileconomy Wed Apr 17, 2019 7:07 am

» Sri Lanka Watapota (WAPO) Guardian Capital lose Rs. 10 Mn of Funds because of Kashmi App Closed down, Kashmi Co-Founder Bankrupt Sanjiv Alles now landed on Hilton Colombo Director Board owned by Yahapalana Government
by AmalHoole Tue Apr 16, 2019 3:17 pm

» සුභ අලුත් අවුරුද්දක් වේවා.
by sanjulanka Mon Apr 15, 2019 12:38 pm

» I bought PCHH.N and SING.N sometimes back?
by hammurabi Mon Apr 15, 2019 12:14 pm

» Highest temperature hike after 128 years in sri lanka
by nimantha80 Sun Apr 14, 2019 4:47 pm

» DEBTS FREE AAIC MUST MOVE UP,3.36BN FROFIT, MARCH Q 1.00BN
by wisdom79 Sun Apr 14, 2019 8:15 am

» VONE , is it time to sell or holds
by Uaecoindubai Sat Apr 13, 2019 1:27 pm

» HVA WILL THEY RECTIFY THE REGULATORS QUARIES BEFORE DEAD LINE?
by nimantha80 Fri Apr 12, 2019 3:12 pm

» NDB Leasing Centers open at Gampaha, Negombo
by Uaecoindubai Thu Apr 11, 2019 8:17 pm

» I met Karuna Today.
by Uaecoindubai Thu Apr 11, 2019 8:15 pm

» Look APLA its trending to 98LKR
by Uaecoindubai Thu Apr 11, 2019 8:13 pm

» ROYAL CERAMIC (RCL)
by Yahapalanaya Thu Apr 11, 2019 8:11 pm

» Look BPPL company
by Uaecoindubai Thu Apr 11, 2019 10:10 am

» PABC.N0000 ? Will come down to Rs. 11 - 12 level?
by Uaecoindubai Wed Apr 10, 2019 5:13 pm

» Any news on MBSL.N0000
by Uaecoindubai Wed Apr 10, 2019 4:56 pm

» New NDB Privilege Banking and Leasing Centres open in Kurunegala
by Soilconomy Wed Apr 10, 2019 11:30 am

» TIME TO WATCH - LOFC - BFN
by Uaecoindubai Wed Apr 10, 2019 11:20 am

» ශ්‍රිලංකාවේ ණය බරතාවය. Sri Lanka's Debt Trap
by soileconomy Wed Apr 10, 2019 7:28 am

» 2019 revised traffic fines
by Uaecoindubai Tue Apr 09, 2019 12:47 pm

» LLUB Surprise
by hammurabi Mon Apr 08, 2019 9:29 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » US dollar’s share of global foreign reserves hits lowest since 2013

US dollar’s share of global foreign reserves hits lowest since 2013

Go down  Message [Page 1 of 1]

Miss-Sangeetha

Miss-Sangeetha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
The US dollar's share of global central bank reserves fell to the lowest level since 2013 while holdings of the Chinese yuan rose for a fourth consecutive quarter, International Monetary Fund (IMF) data showed Friday.
The US currency accounted for 62.3 per cent of global allocated foreign-exchange reserves in the second quarter, down from 62.5 per cent and the ninth decline in the past 10 quarters, the IMF said in a report. The drop occurred despite a 5 per cent jump in the value of the US dollar in the second quarter. The euro, yen and yuan each gained as a share of allocated reserves.
Political rifts between the US and other countries could be to blame, but the numbers don't offer firm conclusions, said Steven Englander, Standard Chartered Plc's head of global G-10 FX research and North America macro strategy. Recent emerging-market turmoil could require interventions by some central banks, and the US dollar is the easiest currency for that purpose, he said.
"Countries having political issues with the US may have wanted to re-allocate dollars," Mr Englander said. Even still, it's difficult to determine whether the shift was due to "normal smoothing operations", he said.
The shift to allocated reserves could also be skewing the data, according to Alan Ruskin, global co-head of foreign-exchange research at Deutsche Bank. The share of unallocated reserves - those not disclosed in the IMF data - fell in the second quarter to 8.4 per cent from 10.4 per cent.
"I wouldn't go too far in running with the idea that people are shifting out dollars in any aggressive sense," he said.
The ramifications of the shift are still significant. For more than a half century, the US dollar has been the reserve currency of choice for most of the world's central banks, for its depth and stability in global markets. That status has given the US some notable advantages, helping America keep a lid on funding costs and run budget deficits, as trading partners park their dollars in US government bonds.
The benefits also extend to American companies because the widespread use of US dollars in global trade, such as for oil and commodities, often makes it cheaper for US multinationals to borrow compared with many of their overseas competitors.
Other findings in the IMF's latest figures show China's yuan - officially called the renminbi - is increasingly incorporated in global reserves, growing to 1.84 per cent as a share of allocated holdings from 1.4 per cent in the prior quarter. That came as the value of the currency fell 5.2 per cent against the US dollar in the April-June period.
"China's efforts to internationalise the renminbi are getting to bear some fruit," Mr Englander said.-
- The Business Times & Adaderana

janith123


Senior Equity Analytic
Senior Equity Analytic
China cant win over usa due to lack of brands.
Usa has lot of internationalized brands. Like coke,apple,google,facebook,J&J,KFC....
Think about china merely they dont have even one brand their strength depend on USA and European customers...
So $ will be main currency for a foreseeable future.

Kokoshka

Kokoshka
Stock Trader
@janith123 wrote:China  cant win over usa due to lack of brands.
Usa has lot of internationalized brands. Like coke,apple,google,facebook,J&J,KFC....
Think about china merely they dont have even one brand their strength depend on USA and European customers...
So $ will be main currency for a foreseeable future.
that's true but chinese brads are quickly developing. Huawei, oppo as example of mobile brands. Their main advantage is their population.

https://55brokers.com/fxcc-review/

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Trump being a successful businessman is adopting business strategies in governing the USA and strengthening its economy which may force other nations who were dependent on US aid to polarize with China another economic giant. Not that the former Presidents did not know to do what Trump is doing but they were mindful of social responsibility as well. In the long term the consequences may not be in favour of the USA. Trump is behaving like 'Danduwam Mudalali'!

Miss-Sangeetha

Miss-Sangeetha
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@janith123 wrote:China  cant win over usa due to lack of brands.
Usa has lot of internationalized brands. Like coke,apple,google,facebook,J&J,KFC....
Think about china merely they dont have even one brand their strength depend on USA and European customers...
So $ will be main currency for a foreseeable future.
America’s dominance is now fading. China’s phone companies such as Huawei now challenging apple and South Korea’s Samsung another one ZTE is now leading manufacturer of information technology products. VIVO and Hisense phone companies also own by china
China’s huge population with growing per capita income soon will replace the USA and already replaced the japan from its second world economy position.
China’s goods and services now infiltrated everywhere all over the world and comparatively cheap than US products this is the reason US companies are producing their goods in china because of the china’s economies of scales.
This is also the reason American government now imposing Tariffs and sanctions on china’s products         

janith123


Senior Equity Analytic
Senior Equity Analytic
But now some US companies are planning to shift .i also dont like american dominance but due to brand value in EU and other rich asains and middle eastern countries go for brands not generic name.
Huawei and ZTE still only have 11.5 % market due to huge chinese population.developing a brand is not easy ,coca cola is market leader in many countries except srilanka and other few.Yesrerday new NAFTA discussions started .that alloe to capture quality raw materials to USA from canada .
China has only economies of scale but they have very fewer quality items.

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Miss-Sangeetha wrote:
@janith123 wrote:China  cant win over usa due to lack of brands.
Usa has lot of internationalized brands. Like coke,apple,google,facebook,J&J,KFC....
Think about china merely they dont have even one brand their strength depend on USA and European customers...
So $ will be main currency for a foreseeable future.
America’s dominance is now fading. China’s phone companies such as Huawei now challenging apple and South Korea’s Samsung another one ZTE is now leading manufacturer of information technology products. VIVO and Hisense phone companies also own by china
China’s huge population with growing per capita income soon will replace the USA and already replaced the japan from its second world economy position.
China’s goods and services now infiltrated everywhere all over the world and comparatively cheap than US products this is the reason US companies are producing their goods in china because of the china’s economies of scales.
This is also the reason American government now imposing Tariffs and sanctions on china’s products         

True Americas dominance is challenged and fading, But will the US allow it that way is the question, USA will shake the tree many times so the fear will bring China and other inline. It will be horrible period if transition ever to happen from USA to China.

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum