The financial state of the government deteriorated, however, and the draining of monetary reserves greatly weakened the credibility of the paper currency system.
22.
Canada's international monetary reserves declined by US $ 762 million to US $ 18.774 billion in November from October, the lowest this year.
23.
Malaysian Prime Minister Mahathir Mohamad said the United States dollar should be replaced as the international monetary reserve currency by a basket of currencies.
24.
Canada's monetary reserves fell by US $ 558 million to US $ 19 . 536 billion in October from September, the Finance Department said.
25.
Canada's monetary reserves declined by US $ 558 million to US $ 19 . 536 billion in October from September, the Finance Department said.
26.
Analysts say the recent spurt in global oil prices-- which have buoyed tax collections and monetary reserves for the big energy exporter-- can't last.
27.
Canada's international monetary reserves declined by US $ 762 million to US $ 18 . 774 billion in November from October, the lowest this year.
28.
The New York Times reported that the loan could add dlrs 2 . 5 billion to dlrs 3 . 5 billion to Mexico's monetary reserves.
29.
Even with that, the balance of payments is expected to score a deficit that would take another dlrs 5 billion out of the monetary reserves.
30.
He noted that the Finance Ministry is in the process of " cautiously easing monetary policy, " increasing money supply and allowing growth in monetary reserve.
