nondollar

nondollar

(ˌnɒnˈdɒlə)
adj
(Banking & Finance) not involving the dollar
References in periodicals archive ?
That group has called for the introduction of a new international currency, the creation of credit mechanisms in local, nondollar currencies, and petroleum sales outside the petrodollar system.
Similarly, prohibiting state and Federal taxes on any precious metals used as a medium of exchange would enhance private citizens' ability to use nondollar contracts.
court would compel specific performance of a nondollar contract, (2) capital gains taxes and state sales taxes on precious metals, and (3) the statute(s) banning private coinage.
For example, one might expect dollar interest rates relative to nondollar rates to decrease more when an RCA is announced, even when credit risk decreases (or increases).
With the resulting increased demand by yuan-asset holders for nondollar assets, the yuan's value would likely decline.
FIIs are preferring nondollar assets to the dollardenominated ones, with the confidence in the US economy waning," Thunuguntla said.
But as this overall global risk aversion has ebbed, the risk calculus has turned and the dollar itself has become more dangerous to hold than nondollar investments.
Those nondollar international transactions do not go through the United States.
dollars, less expensive (16) in nondollar countries, encouraging their
2 billion, reflecting a sharp increase in short-term loans and some nondollar deposits.
The way in which the depreciating dollar is supposed to impact upon Saudi inflation is through the cost of imports from nondollar currency countries--mainly Europe--which represent 25% of the kingdom's total imports.
Producers also point to a decline in the value of the US dollar which makes a dollar-denominated oil price rise less painful in nondollar economies and devalues Opec's purchasing power.