Exact(3)
Here was the Fitch query: Will the Chinese currency become a fully convertible currency in the next five years?
That may soon change, as the lives of the founders receive new scrutiny and their cameos on the nation's currency become fodder for political debate.
The strains on the single currency become intolerable; Greece leaves the euro and defaults, starting the process by which monetary union unravels.
Similar(57)
Once a competitor currency becomes preferable, firms and other governments will move on.
The single currency became a passport to a bureaucratic utopia, a means to ever more glorious union.
Thereafter the currency became convertible on international markets, and the government later pegged the zloty to the euro, the European Union's single currency.
It undermined one of Africa's sturdiest economies, and as growth contracted and its currency became worthless because of hyperinflation, joblessness and hunger grew.
When the utopian dream of the single European currency became reality, no one thought any country would need to leave it.
"Currency becomes a critical profitability lever when you're a globalized business," said John Hoffecker, managing director of AlixPartners, a consulting and reorganization firm based in Southfield, Mich.
By the late 1200s, Florence and Genoa were minting gold coins, and Florence's own currency became dominant in European commercial and financial markets.
Next to them are two bashed-up suitcases, perhaps to carry the family's stacks of bills when our currency becomes as hyperinflated as the Zimbabwean dollar.
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