hard currency Antonyms
No Synonyms and anytonyms found
Meaning of hard currency
Wordnet
hard currency (n)
a currency that is not likely to depreciate suddenly in value
money in the form of bills or coins
hard currency Sentence Examples
- Due to economic instability, hard currency is a safe haven for investors.
- The government imposed restrictions on the exchange of hard currency to curb capital flight.
- The value of the peso plummeted, making it difficult to obtain hard currency.
- The company's foreign exchange reserves consist primarily of hard currency.
- The central bank raised interest rates to increase the attractiveness of holding hard currency.
- Businesses rely on hard currency for international transactions and import payments.
- Tourists often exchange their local currency for hard currency prior to traveling abroad.
- The black market for hard currency thrives in countries with currency controls.
- The price of gold serves as a barometer for the demand for hard currency.
- Some countries maintain a dual exchange rate system, with one for hard currency and another for domestic currency.
FAQs About the word hard currency
a currency that is not likely to depreciate suddenly in value, money in the form of bills or coins
No synonyms found.
No antonyms found.
Due to economic instability, hard currency is a safe haven for investors.
The government imposed restrictions on the exchange of hard currency to curb capital flight.
The value of the peso plummeted, making it difficult to obtain hard currency.
The company's foreign exchange reserves consist primarily of hard currency.
