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FREELY CONVERTIBLE CURRENCY [3 records]

Record 1 2026-01-08

English

Subject field(s)
  • Currency and Foreign Exchange
  • Foreign Trade
DEF

A currency that is freely convertible, that enjoys a stable exchange rate, and for which demand is consistently high relative to its supply....

OBS

Compare with "soft currency".

PHR

hard currency earnings.

French

Domaine(s)
  • Politique monétaire et marché des changes
  • Commerce extérieur
DEF

Monnaie d'un pays dont la valeur, à un moment donné, est plus élevée que celle de la majorité des autres monnaies, ce qui dénote un degré élevé de confiance générale attribuable à des facteurs tels que la stabilité politique et la puissance économique du pays en question.

PHR

revenus en devises fortes.

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
  • Comercio exterior
DEF

Divisa que será respaldada por reservas internacionales considerables. La dureza de una divisa también resulta afectada por la posición de la balanza de pagos y por la balanza comercial de un país.

PHR

ganancias en divisas fuertes.

Key term(s)
  • divisa dura
Save record 1

Record 2 2002-02-13

English

Subject field(s)
  • Currency and Foreign Exchange
DEF

Currency that is not quoted on the international exchange market. The existence of exchange controls means that extremely convertible currencies cannot be freely transferred to or from a country by residents.

OBS

non-convertible currency: term and definition reproduced from the CAPITAL Business Dictionary with the permission of LID Editorial Empresarial.

French

Domaine(s)
  • Politique monétaire et marché des changes
DEF

Devise ou monnaie qui n'est pas cotée sur le marché international des changes. L'existence de contrôles des changes implique que les devises extrêmement convertibles ne puissent pas être transférées librement, de et vers l'extérieur, par les résidents.

OBS

devise inconvertible : terme et définition extraits du CAPITAL Business Dictionary et reproduits avec l'autorisation de LID Editorial Empresarial.

Spanish

Campo(s) temático(s)
  • Política monetaria y mercado de cambios
DEF

Divisa o moneda que no se cotiza en el mercado internacional de cambios. La existencia de controles de cambios hace que divisas extremadamente convertibles no puedan ser transferidas libremente de y hacia el exterior por las personas residentes.

OBS

divisa inconvertible: término y definición extraídos del CAPITAL Business Dictionary con la autorización de LID Editorial Empresarial.

Save record 2

Record 3 1998-07-27

English

Subject field(s)
  • Economic Co-operation and Development
DEF

Funds provided to IDA [International Development Association] in a freely convertible currency or in a member's currency if available for financing procurement in the territory of the member, if there is a reasonable expectation that such resources will be fully used for procurement in such territory during the disbursement period.

Key term(s)
  • free funds

French

Domaine(s)
  • Coopération et développement économiques

Spanish

Campo(s) temático(s)
  • Cooperación y desarrollo económicos
Save record 3

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