Dollar shortage

Dollar shortage

Results when a nation importing US goods cannot pay for them without the aid of the United States.
References in periodicals archive ?
The recent dollar shortage is one of the major challenges that halted the sector and many factories were suspended for a brief period due to delay of production input.
and European Union sanctions over Ukraine exacerbated a dollar shortage and falling oil prices dimmed the outlook for the world's biggest energy exporter.
The country had been struggling to meet commitments because of a dollar shortage.
Egypt has been suffering from a sustained dollar shortage as political turmoil following the 2011 uprising against veteran leader Hosni Mubarak unnerved foreign investors and tourists, traditionally major sources of foreign currency.
This gave central banks -- especially those that were located in Europe, which faced a dollar shortage as U.
Authorities seemed close to success in the weeks after Morsi's overthrow, when a burst of optimism about Egypt's political future appeared to attract some money back into the country, easing the dollar shortage.
South Sudan, which depends on oil to produce 98 percent of its foreign-currency earnings, borrowed around $500 million from outside sources, including $100 million from Qatar National Bank, to offset the dollar shortage and fund state spending.
It worked as long as it did because, at the end of World War II, there was a dollar shortage among trading partners.
It will also intensify a dollar shortage that is straining the kwacha's peg of 150 to the dollar and causing acute fuel shortages in the landlocked nation of 13 million.
The UAE central bank yesterday said it would allow Islamic banks to borrow up to $200 million per day against their certificates of deposit (CDs) to help them cope with a dollar shortage.
DUBAI: The UAE central bank said it would let lenders in the Gulf state borrow in dollars against their certificates of deposit (CD), after bets on a dirham revaluation led to a dollar shortage.
The so-called dollar shortage was not the critical problem facing Europe at the time," writes Cowen.