convertibility Synonyms
No Synonyms and anytonyms found
convertibility Meaning
convertibility (n)
the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction)
convertibility Sentence Examples
- The country's currency faced challenges due to its lack of convertibility on the global market.
- The economic reforms aimed to increase the convertibility of the national currency to attract foreign investment.
- Convertibility allows individuals to exchange one form of currency for another without restrictions.
- The government implemented policies to enhance the convertibility of its currency, promoting trade and investment.
- Currency boards are often established to maintain the convertibility of a nation's currency at a fixed exchange rate.
- Convertibility crises can occur when a country's currency loses value or faces restrictions on international exchange.
- The success of the economic reforms was evident in the increased convertibility of the national currency.
- Convertibility agreements between countries facilitate smooth transactions and promote international trade.
- Central banks play a crucial role in maintaining the convertibility of a nation's currency through monetary policies.
- The IMF monitors the convertibility of member countries' currencies to ensure stability in the global financial system.
FAQs About the word convertibility
the quality of being exchangeable (especially the ability to convert a currency into gold or other currencies without restriction)
No synonyms found.
No antonyms found.
The country's currency faced challenges due to its lack of convertibility on the global market.
The economic reforms aimed to increase the convertibility of the national currency to attract foreign investment.
Convertibility allows individuals to exchange one form of currency for another without restrictions.
The government implemented policies to enhance the convertibility of its currency, promoting trade and investment.
