hard currency

He piled up hard currency like British pounds in his palace in Muscat, but rats began to gnaw at it, Mr. Weatherford said.

Some of this art was sold abroad for hard currency, while much of the rest was destroyed or lost during the war.

'As the world deals with the global economic crisis, the value of gold as the only true 'hard currency' is coming to the fore, ' he said.

Printing trillions more will not save a system that has no hard currency reserve to back up its legal tender.

Two years after the end of the war, Europeans had no products to sell for hard currency.

If China's hard-currency B-share market did not exist, no-one would bother to invent it.

These three moves constitute unilateral, bilateral and regional moves in the direction of a hard currency.

To this end we have helped provide the precious metals needed to allow for a return to a global hard-currency system.

Remittances in hard currency funnelled through hawala (Islamic word-of-mouth banks) may have more to do with it.

The government is restoring to ask hard-currency loan from local enterprises with favorable balance, playing grasshopper to the ant.

Exchange controls imposed in the heat of the crisis have severely restricted access to hard currency.

"The most significant hard currency is gold. I could easily see gold going beyond $1, 500 an ounce, " he said.

When crisis hits, fear of devaluation could spark a rush out of bank deposits into cash, and from cash into hard currency.

In fact, the British pound, the dollar will become a hard currency Why, where are they hard?

The network raises hard currency to pay for luxury items like liquor, exotic food and expensive cars for friends of Kim Jong-Il, Levey said.

To maintain our stock of hard currency, the US Treasury creates hundreds of billions of dollars worth of new bills and coins each year.

Fearful they would lose access to hard currency, investors bought Argentina's dollar-denominated bonds and dumped their peso equivalents.

But as our briefing points out (see article), its military budget, in hard-currency terms, is not much bigger than France's.

The sanctions are preventing Iran from getting hold of the hard currency it needs to defend its peg, among other things.

The new system will permit a general re-issuance of new currencies, based upon specific hard currency reserves.

No, money is in two kinds, one is hard currency money and the other is paper.

Alternatively, countries with strong external finances can buy SDRs from countries which need hard currency.

Such economies have also usually borrowed in dollars or euros, because their creditors insist on being repaid in hard currency.

Recent efforts to make debt repayments to the Czech Republic in ginseng betray a chronic shortage of hard currency.

it is resorting to asking hard-currency loans from local enterprises with favorable balances, playing grasshopper to the ant.

These worldwide changes are predicated on true hard currency, comprising six main currencies.

For wine industry "hard currency" maotai is, at this price, and as always a stronger supply spruce.

He put loyalists in key posts, notably at Sonatrach, the state oil monopoly that provides 98% of Algeria's hard-currency earnings.

These charters are at the very core of the new hard-currency banking system.

in other foreign currency not abundant country , be impossible almost use hard currency.

The country with the biggest hard currency reserves should have subsidized prices?

Renaissance Capital, the Moscow investment bank, estimates banks' hard currency stash at $110bn.

Prestige and acclaim are hard currency in the film business, in many ways more valuable than money.

But after the collapse of the Soviet Union, the Kremlin was desperate for hard currency.

It recently spent a third of its hard currency reserves because of a run on the rouble.

Hard Currency A currency, usually from a highly industrialized country, that is widely accepted around the world.

Hard currency earned from the Kaesong industrial park operated jointly with South Korea will help the North toward its 2012 goal.

i kind of move money around . - money management . hard currency.

International sanctions have hit other sources of hard currency.

Instead, Pyongyang has even turned to cybercrime scams to gain hard currency.

The nature of dollarization is the substitution of home currency by certain foreign hard currency.

For starters, China's central bank has to recycle a big chunk of these capital flows from hard currency into yuan.

They suspect North Korea of also selling illegal drugs, as well as counterfeit U. S. dollars and cigarettes, in order to earn hard currency.

The Central Bank has now been forced to limit the availability of hard currency.

Egypt subsidizes bread, sugar and other food items, leaving some to fear instability when the hard currency runs out.

We love to collect tokens of value, whether it's air miles or cold, hard currency.

On Conditions and Gains of RMB Becoming "Hard Currency"

"Companies also need to start selling hard currency, " Mr Aksakov said.

The UK achieved creditor status in the 1800s and the US in the early 1900s, and the markets rewarded them with hard-currency status.

The developing countries should not have to see painfully accumulated hard-currency reserves fall under the shadow of major devaluations .

Well, can you apply for a hard currency loan from your government or a bank?

WHY is the world's poorest region stocking up on hard currency?

There are restrictions on the sale of hard currency.

We'll pay the goods in hard currency.

Since many prices are set in hard currency, that is essential if wages are to rise above their average of $20 a month.

There is a lot of trade done using hard currency.

converted into other currencies. For example, the US dollar is a hard currency.

"They are not paying wages or paying loans and at the same time they are holding hard currency. "

Less happily, Western Mining also highlights the yawning gap between A-shares and hard-currency H-shares listed in Hong Kong.

Hard currency Soft currency International monetary system The purchasing power of money Money in circulation Note issue National budget

"External liquidity" (measures the degree of access to hard currency relative to the borrowing needs);

Eighth, countryside innate channel's hard currency ability is also weak, fine refinement marketing dynamics is insufficient;

She has no lust for hard currency

a fissioning into northern hard-currency and southern soft-currency blocks;

In its independence, the Ukraine is seeking to buy grain abroad but lacks the hard currency that the center once monopolized;

this explains the rmb is not hard currency

Asia seeks a new home for its hard-currency reserves