"currency" in inglés with examples - Collocation dictionary inglés
- On Jan. 1, Czechoslovak's Finance Minister, Vaclav Klaus, plans to remove most price controls, slash industrial subsidies and begin making the nation's currency convertible.
- The Soviet plan did not envision making the ruble or any other Eastern European currency convertible, but rather denominating the value of goods traded in hard currency.
- According to some reports the policy was the first step towards making the currency convertible.
- One official said a plan was being drawn up for Poland, for example, in which Western governments and Japan would put $1 billion into a stabilization fund for the zloty to help make the Polish currency convertible.
- The East Germans would have a currency convertible in the West and, if the West German Government offered them a favorable rate of exchange, it would effectively represent a substantial subsidy to the East German economy.
- He said that to make the nation's currency convertible could well take up to 10 years as well.
- But the country is expected to ease control over the exchange rate gradually after it joins the World Trade Organization, with a goal of making the currency convertible.
- The Soviet Union's plans to devalue the ruble by 50 percent during the next two years for trade purposes, announced on Friday, should be welcomed as a first step toward making the country's currency convertible, several economists, analysts and executives said yesterday.
- The key pillar in Poland's medium-term program, though, is a $1 billion stabilization fund that, among other things, will enable Warsaw to carry out a daring program of monetary reform early next year, including making its currency convertible.
- Poland, where a "shock therapy" economic policy of removing subsidies and making the currency convertible was slammed into action in 1989, is the first country to show growth.
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