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 ?
Rouhani said in a speech on the occasion of World Labor Day that the main objective of the Americans from the unjust embargo on Iran is to reduce revenues from hard currency, where the sale of oil and condensate gas and some industries associated with oil and gas are the most important sources of revenue in the country.
The Central Bank of Iran (CBI) issued the instructions on return details of the hard currency earned by exporters back to the domestic financial system, Iranian media reported.
Yasar has a high proportion of hard currency debt (55% at end-June 2018) and of hard currency-linked costs, which we estimate at around 30%.
Venezuela's hard currency holdings have dwindled as existing U.S.
Summary: Khartoum [Sudan], Sep 10 (ANI): Sudan President Omar al-Bashir has dissolved the country's government in an aim to fix the crisis-hit economy that has been complemented with shortages of bread, fuel, and hard currency in recent months.
A severe shortage of hard currency in the formal banking system has led to a booming black market for dollars where the hard currency currently trades for a roughly 40 percent premium.
Gold production is now Sudan's main source of hard currency after the secession of South Sudan where are the two third of its oil reserves before 2011.
The household sector, according to the CBE, accounted for 79% of total deposits by the end of December 2017, while it denominated 82.6% of total local currency deposits and 67.9% of hard currency savings.
The central bank, meanwhile, said it would provide hard currency for legal, trade and production needs.
He said the law also stipulates banning any dealing in Sudanese national currency outside the country, except to the extent allowed by the regulations and bans dealing in hard currency for parties other than those certified to deal in hard currency such as the banks and other institutions specified by the Central Bank, the Bank of the Sudan.
The Quantum Network, a principal component of the comprehensive value hub Seven Stars Cloud is assembling, will be based on technologies such as distributed networks and blockchain, and will provide a fast, efficient and low-cost financial expressway for the management, settlement and clearance of digital asset based currencies as well as hard currency based banking settlement.
They said that with Bitcoin continuing to rise, the cash-strapped regime is highly expected to step up its efforts to hack exchanges of digital currencies in a desperate bid to evade sanctions and eventually earn hard currency.