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The euro area also gets more of its currency back through export sales.
The receiver can then convert the Liberty Reserve currency back into cash for a small fee.
And yet — buoyed by its ability to devalue its currency back during the crisis — Argentina's economy is growing.
But the cost was steep: Tokyo spent record amounts to hold its currency back by selling yen and buying dollars.
We want our currency back where it was, no price rises for food, petrol and holidays, no shocks.
Although McAuliffe doesn't intend to exchange his virtual currency back into dollars anytime soon, other investors have.
Similar(31)
In Time Bank (service exchange) systems, individuals create currency backed by labour.
And America pays its debts in a global reserve currency backed by its own, independent central bank.
And, he asked, why trust a currency backed by a government that is fourteen trillion dollars in debt?
Last Monday was the fortieth birthday of the United States dollar as a fiat currency — that is, a currency backed not by a precious metal, or….
Such banks distributed nearly worthless currency backed by questionable security (e.g., mortgages, bonds) and were located in inaccessible areas to discourage note redemption.
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