A reduced Chinese appetite for reserves would be reflected in an appreciation of its currency and a reduction in its trade surplus.

Reserves

(l) Other reserves

(j) Operating reserves

Reserves and fund balances

If progress is not made in reducing the projected fiscal imbalances and limiting the growth of bank reserves, reduced demand for dollar assets could cause the dollar to fall more rapidly and the interest rate on dollar securities to rise.

Table 6 Comparison of reserves and staff liabilities

Other reserves comprise the following

(g) Transfers to reserves

Africa s natural gas reserves amount to about 8 of global reserves.

(i) Operating and other types of reserves are included in the totals for reserves and fund balances shown in the financial statements

Covering this drop in reserves more than half of gas reserves and a fifth of oil reserves have been consumed with imports implies an annual cost of more than 300 billion.

The activities on all reserves are shown as follows

Reserves are unchanged by the loan transactions.

They have also aggravated the weakness of external finances, contributing to a sharp drop in international reserves that has been contained only by exceptional loans and deposits from abroad.

Africa is estimated to hold more than 10 of global oil reserves and one third of reserves of cobalt and base metals.

Fertility decline

Low hum?

a Including earmarked reserves, the total reserves are 70 million for 2002, 93 million for 2003 and 68 million for 2004.

(v) Reduced flying hours owing to reduced requirements for aircraft

Meanwhile, the fraction of international reserves held in euros grew from 18 to 24 , and the dollar s share dropped from 71 to 66 .

These included quantitative comparisons between total reserves over time and qualitative assessments of the sufficiency of the reserves to meet current and projected energy needs.

It has 10 of global oil reserves.

Total reserves of titanium are estimated to exceed 600 million tonnes.

a Including earmarked reserves, the total reserves are 70 million for 2002, 93 million for 2003 and 68 million for 2004.

Reserves and fund balances available for programme activities amounted to 115.0 million (reserves and fund balances for the Working Capital and Guarantee Fund, the Annual Programme and Supplementary Programme Funds).

Lower Silesia

(d) Lower incomes.

Soil fertility decline Waterlogging

lower energy states.

Markets continue to shake.

The idea was to permit countries whose official dollar holdings were larger than they were comfortable with to convert dollars into SDRs.

In 2008, the last year for which figures are available, Japan held 23.4 of the world s reserves and China held 44.8 .

The obvious candidate for this reserve fund was US Treasury bills.

Selling 2 trillion of reserves will take years.

At the time of the announcement, the country had 5.65 billion in cash reserves.

Statement I Statement of income and expenditureexpenditures and changes

First, unlike in some other countries, Chinese commercial banks are paid reasonable interest rates on required reserves, except for the extra reserves that they hold.

Gemena

Few women own land

increase the same decrease

(c) Soil fertility decline

(b) Reduced drop yields

(d) Reduced responses to inputs

Lowering of the water table