hard currency

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Related to hard currency: Soft currency
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  • noun

Synonyms for hard currency

a currency that is not likely to depreciate suddenly in value

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References in periodicals archive ?
However, it appeared that SUNA confused a statement by the UAE government retrieving the hard currency that it deposited in the Bank of Sudan during the past year 2017.
North Korea continuously seeks ways to bring in hard currency, and one way is to steal or demand payment in Bitcoin or other cryptocurrency, which can later be changed into dollars or yen or renminbi," O told The Korea Times.
He said it was also decided that bank funding should be diverted to real production sectors and that purchase of companies with huge liquidities in hard currency be organized and placed under supervision and control.
Emerging Markets Blended Debt: a dynamically managed allocation to hard currency and local currency sovereign debt (between 30% and 70%).
But the government should also lift hard currency curbs imposed by the central bank, Adesina said.
Aid transfers pale in comparison to the country's needs for hard currency, which climbed close to $80bn in the 2014&ndash%3
The new budget will undergo a test period for a year to understand the benefits it may impose and its effect in providing hard currency, especially the supply of US dollars in the Egyptian market.
PCB said in a press release that the current rise in Pakistan's reserves of hard currency is attributed to several factors, including higher revenues of Pakistanis living abroad and the new financial amounts that Pakistan has received from donors, most recently were $ 500 million from the World Bank, and $ 400 million from Asian Development Bank.
Davis joins the emerging markets debt portfolio engineering team as a trader, primarily responsible for trading hard currency sovereign and corporate bonds.
deficits, lower-than-average total hard currency reserves and lower
The government subsidises the rate at which wheat importers obtain hard currency to buy the grain from Canada and other countries, said Safwat Fanous, a University of Khartoum political scientist.
On the other hand, hard currency purchases by the local banks fell by 2.
People needing to change hard currency into Egyptian pounds are now going to the black market to get more for their money," reports Niveen Wahish for Al-Ahram Weekly, who adds this is the case for exporters as well as importers.
3bn of hard currency the past month as it stemmed the rally of the RON.
Monetization in Fever Challenge is managed through a Soft and Hard currency set consisting of "Silver Coins" and "IG $".