Sentence examples for a convertibility from inspiring English sources

Instead of the real thing, the Argentines opted for a convertibility system in April 1991.

Throughout the nineties, Argentina had maintained a convertibility programme which tied the peso at a 1 1 rate to the US dollar.

During the 1990s, seeking to tame hyperinflation, Argentina had tied the value of its peso to the American dollar — a "convertibility" strategy that proved unsustainable because of rising global interest rates.

He crushed inflation, bringing it eventually almost to zero, with the aid of a "convertibility" plan that tied Argentina's peso to the dollar, devised by his finance minister, Domingo Cavallo.

Cavallo and his team quickly drafted a Convertibility Law for what Argentines call a convertibility system-an uncommon term for an unusual system.

If there is a chance you will need insurance beyond the end of the term, pay extra to get a convertibility clause.

Critics, however, counter that the yuan is still a long way from free convertibility — a prerequisite for any truly international currency — and point to a late-year fall-off in CNH deposits as evidence that willingness to hold yuan was primarily driven by short-term speculative interest, rather than longer-term faith in the RMB. 7. Eurozone Crisis.

A panic has ensued and interest rates have shot up in anticipation of an exit from convertibility and a devaluation.

A "law of convertibility" had established a scheme known simply as "convertibility"—which fixes the value of the peso at parity with the dollar, and restricts the domestic money supply to the level of foreign-exchange reserves.

This might include new curbs on provincial governments' spending, and a commitment to a new "fiscal convertibility" law that is supposed to place limits on the deficit, but would take effect only next year.Mr Fernandez this week stressed that Argentina could withstand any speculative attack on the currency.

Convertibility verification, which involves the automatic generation of a converter to facilitate communication between two mismatched components, is a collection of techniques to address protocol mismatches.