1. World problems
  2. Incapacity of government reserves in relation to currency transactions

Incapacity of government reserves in relation to currency transactions

Incidence

Studies in 1992 show that the volume of currency trading has grown by over 50% over a three year period to an estimated one trillion dollars per day. This amount is equivalent to the total foreign exchange reserves held by the world's central banks. Banks are therefore handicapped by their ability to have a significant effect on the currency market and to defend their currencies.

Broader

Aggravates

Aggravated by

Value

Self-government
Yet to rate
Relation
Yet to rate
Incapability
Yet to rate
Government
Yet to rate

SDG

Sustainable Development Goal #16: Peace and Justice Strong InstitutionsSustainable Development Goal #17: Partnerships to achieve the Goal

Metadata

Database
World problems
Type
(E) Emanations of other problems
Biological classification
N/A
Subject
  • Commerce » Currency
  • Government » Government
  • Resources » Resources
  • Content quality
    Unpresentable
     Unpresentable
    Language
    English
    1A4N
    J4801
    DOCID
    12048010
    D7NID
    134486
    Last update
    Oct 4, 2020