Примеры использования Dollarization of deposits на Английском языке и их переводы на Русский язык
{-}
-
Official
-
Colloquial
The dollarization of deposits continued in October.
The move will help the National Bank to reduce the dollarization of deposits after the February devaluation.
Dollarization of deposits, both corporate and retail, stopped.
Because of this the dollarization of deposits stopped.
Dollarization of deposits continued and reached record level of 65.9.
Relative stabilization in the foreign exchange market andreduction of devaluation expectations of the population made it possible to reduce the dollarization of deposits to 55% by the end of 2016 against 69% in 2015.
The total dollarization of deposits for the month was 45.6% -0.8pp per month.
Deposits of the banking sector showed deeper decline of 1.9% in a month. As main outflow of deposits occurred in national currency, the adjusted dollarization of deposits in October rose by 1.1pt, reaching 49.3% against 48.2% in September.
In our opinion, the dollarization of deposits reflects the expectations of a weaker Tenge.
NBM's foreign exchange reserves have grown, however the exchange rate of Leu at the end of year fell to 11.59 Lei/1 dollar,the inflation was 43.8%(highest after 1994), and dollarization of deposits I commercial banks for the first time has exceeded 50%.
A positive trend in de-dollarization of deposits continued: 51% in the reporting month against 53% in February.
At the same time, an increase in foreign currency deposits(+1% mom, adjusted for the exchange rate) and the reduction of tenge deposits(-3.4% mom)contributed to an increase in dollarization of deposits in the reporting month 50.1% in August against 49% in July.
Dollarization of deposits also intensified, despite a surge of tenge deposit rates for corporate clients.
Apparently, due to the weakening of the tenge in November, there has been a slight increase in the dollarization of deposits of corporate clients, who, in comparison with individuals, tend to react more quickly to the devaluation of the national currency.
Dollarization of deposits of legal entities with the adjustment for the rate, on the contrary, increased to 43.77% against 43.49% in October.
The most emphasized advancement of deposits in foreign currency, or, to put it differently, the dollarization of deposits endangered both the efficient promotion of the monetary and foreign currency policy and the single economic policy of the state.
The de-dollarization of deposits is a continuing positive trend: 50.2% in the reporting month against 51.3% in March adjusted for the rate.
On the other hand, the inconsistency of actions of the National Bank with traditional policy- inflation targeting will lead to a decline in confidence towards the monetary regulator that is another factor that will push inflation andcould lead to an increase in dollarization of deposits.
Because of the high dollarization of deposits(63%), banks lend largely in dollars, even if the borrowers do not earn dollars.
As a result of a decline in deposits denominated in national currency(-4.9% mom)and a rise of corporate deposits in US dollars(+4.8% mom), for the first time since the beginning of the year de-dollarization of deposits reversed: 50.2% in the reporting month against 49.9% in May adjusted for the exchange rate.
The continuing positive trend is the de-dollarization of deposits: 49.9% in the reporting month versus 50.2% in April adjusted for the rate.
Dollarization of deposits continued to decline in December due to strengthening of the national currency, primarily due to the outflow of foreign currency deposits of legal entities.
The main reasons for de-dollarization of deposits are: appreciation of tenge and wider spread between tenge and foreign currency deposit rates.
Dollarization of deposits continued to decline from September due to the growth of deposits in national currency and reduction of the corporate and retail foreign currency deposits. .
Consequently in May, the dollarization of deposits of the population decreased by 1.64pp to 47.8%, dollarization of deposits of legal entities decreased by 0.1pp to 43.6.
Slow money growth and dollarization of deposits have hampered the ability of commercial banks to finance the government, leaving more of the burden to the central bank.
While the national currency appreciated, the dollarization of deposits continued to decrease: at the endof January 54.1% of deposits in depository organizations of the country(adjusted for the exchange rate) were denominated in foreign currency in December 2016: 55.1.
However, the adjusted[2] dollarization of retail deposits increased from 67.0% to 67.7% and corporate clients- from 51.7% to 53.0% Fig.
The gradual decrease of deposits dollarization index from 0.45 to 0.37 following the stabilization of public confidence in the national currency and the attenuation of inflationary expectations.
The scenario after the dollarization process also favoured the growth of deposits in the economy, from just under $3 billion in 1999 to over $10.5 billion in 2008.