Sentence examples for backs currency from inspiring English sources
(For further reference, see the Federal Reserve Bank of Atlanta's "Faces and Backs Currency"). 2. As a class, read and discuss the article "Europeans Resolve to Embrace the Euro," focusing on the following questions: a.
And it would needlessly damage our economy by bringing back currency risk for trade with countries such as Austria and the Netherlands, which have adapted perfectly well to the euro.
MUMBAI — India's central bank announced on Tuesday a number of changes to its interest rate policies, continuing efforts to contain inflation while rolling back currency stabilization measures put in place in July to prop up the weakening Indian rupee.
It was referred to as the nation's treasury; Sweden had a copper backed currency.
The Share approach is described by Indian activist Anandi Sharan as follows, "By monetising the remaining emission space, giving permits to every individual on earth, and letting them sell permits to hydrocarbon producers trading in an ever declining quantity of emission backed currency units, the world can equitably manage the transition to a post-hydrocarbon and post nuclear world".
The problem for the rich is that once the national economies are destroyed, their wealth will follow from government's inability to back currencies.
In reality, no country backs its currency with an equivalent amount of gold, but to some extent the solvency of a country is equated with its gold reserves.
Ukraine's government is scrambling for dollars and euros – both to back its currency and to cover the maturing foreign currency borrowing of its banks.
"They'll be back once currency markets settle down".
In contrast to Estonia, Lithuania has failed to back its currency board with tough fiscal policies.
