Advertisement
Advertisement
Panth
/ pʌnθ /
noun
- the Sikh community
Word History and Origins
Origin of Panth1
Example Sentences
The IMF sees foreign exchange intervention as justified only when there is a severe dysfunction in the market, a heightening of financial stability risks, or a de-anchoring of inflation expectations, Panth said.
"On the yen, our sense is that the exchange rate is driven pretty much by fundamentals. As long as interest rate differentials remain, the yen will continue to face pressure," Sanjaya Panth, deputy director of the IMF's Asia and Pacific Department, told reporters.
"The situation for Asian economies is very different from where they were 20 years ago" as countries accumulated foreign reserves that make them more resilient to external shocks, Panth told Reuters on Thursday on the sidelines of the IMF and World Bank annual meetings in Washington.
Emerging Asian nations have seen significant capital outflows this year that are comparable to previous stress episodes, heightening the need for policymakers to build liquidity buffers and take other steps to prepare for turbulence, said Sanjaya Panth, deputy director for the International Monetary Fund's Asia and Pacific Department.
"It was a fairly small amount given how liquid the market is," Panth said, referring to the size of Japan's intervention.
Advertisement
Advertisement
Advertisement
Advertisement
Browse