hard currency


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Related to hard currency: Soft currency
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.hard currency - a currency that is not likely to depreciate suddenly in value; "the countries agreed to conduct their bilateral trade in hard currency, replacing previous barter arrangements"; "Germany once had a solid economy, good fiscal and monetary policies, and a hard currency"
currency - the metal or paper medium of exchange that is presently used
2.hard currency - money in the form of bills or coinshard currency - money in the form of bills or coins; "there is a desperate shortage of hard cash"
currency - the metal or paper medium of exchange that is presently used
change - money received in return for its equivalent in a larger denomination or a different currency; "he got change for a twenty and used it to pay the taxi driver"
change - the balance of money received when the amount you tender is greater than the amount due; "I paid with a twenty and pocketed the change"
chickenfeed, chump change, small change - a trifling sum of money
pin money, pocket money, spending money - cash for day-to-day spending on incidental expenses
cold cash, ready cash, ready money - money in the form of cash that is readily available; "his wife was always a good source of ready cash"; "he paid cold cash for the TV set"
References in periodicals archive ?
The National Bank of Egypt (NBE) and Banque Misr provided $800m during the past few days for the release of raw materials, which were stuck in ports because of hard currency shortages, especially food commodities," he said.
October 30, 2015 (KHARTOUM) - The Sudanese authorities this week arrested several traders of hard currency in the black market, in a bid to curb the unprecedented rise of the dollar and reduce the negative impact on food prices.
Updahyay joins HSBC's emerging markets debt portfolio management team to focus primarily on hard currency sovereign portfolios, along with hard and local currency benchmark portfolios.
Allaq said during a press conference held by the central bank today, "A lot of hard currency fled to supporting terrorism and corruption countries, stressing that the central bank has taken new measures.
Toyota said it would soon halt production at its only assembly plant in Venezuela because the world's largest automaker lacks hard currency to import parts due to government controls, reports AAP (Feb.
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.
3bn of hard currency the past month as it stemmed the rally of the RON.
and European sanctions against Iran's energy and banking sectors, imposed over its controversial nuclear programme, have slashed its oil revenues, which are the major source of its hard currency supplies.
He has revealed that it has been fruitful since May as the exchange firms and banks are depending on themselves to make hard currency assets.
Summary: TEHERAN -- The Iranian government has asked its citizens not to buy dollars, in an effort to stem a rush for hard currency that has sent the exchange rate plummetting in recent months.
com), a leading Independent Broker Dealer based in Zurich announced that its flagship strategy, the Hard Currency Fund (HCF), reached $150 million euro in assets, after reaching $100 million just three months earlier.