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FOREIGN CURRENCY ISSUE [2 records]

Filter results by subject field Alphabetical list of terms

Filter results by subject field

Alphabetical list of terms

Record 1 2009-04-01

English

Subject field(s)
  • Currency and Foreign Exchange
  • Saving and Consumption
CONT

Dollarization occurs when residents of a country extensively use foreign currency alongside or instead of the domestic currency. Dollarization can occur unofficially, without formal legal approval, or it can be official, as when a country ceases to issue a domestic currency and uses only foreign currency. The idea of dollarization has gained prominence in the last year because several countries have considered official dollarization.

French

Domaine(s)
  • Politique monétaire et marché des changes
  • Épargne et consommation
CONT

La dollarisation est le processus de remplacement par une monnaie étrangère (souvent le dollar des États-Unis d'Amérique) d'une monnaie nationale préexistante en tant qu'unité de fixation du prix des biens, d'instrument de paiements et de moyen de détention de l'épargne.

Spanish

Save record 1

Record 2 1998-02-16

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

Issue by the central bank of a local currency debt obligation in exchange for a foreign debt claim. Domestic residents can thus buy their own country's debt in the secondary market, using expatriated capital or foreign currency acquired in the parallel market.

French

Domaine(s)
  • Politique monétaire et marché des changes

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
Save record 2

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