Sentence examples for currency parity from inspiring English sources

Because of the euro, Europe has also entered a period of financial tranquillity compared with the recent past, when nation after nation kept interest rates damagingly high to maintain currency parity with the German mark.

This expansion was in strict proportion to the gold-currency parity.

That ended when the currency reached parity in mid-2000.

His companies bought bonds worth 595 million pesos before last year's sharp devaluation, which unhooked the Argentine currency from parity to the dollar.

Senior Frankfurt banking sources said the Bundesbank, headed by Karl Otto Pohl, believed an exchange of currencies at parity was extremely dangerous.

On Friday, the two currencies hit parity once more, with Swiss manufacturers will be hit hard by "francogeddon," as exports become pricier.

In a paper published this month, he described the "sense of despair" felt by some of his Hong Kong friends when their currency slipped below parity with the mainland's.

Conversely, if the currency is above parity but not expected to remain so indefinitely, they may recommend postponing purchases until a more favourable opportunity arises.

In a controversial paper published this week, he described the "sense of despair" felt by some of his Hong Kong friends when their currency slipped below parity with the mainland's.

Sweden and Denmark did so to drive down the value of their currencies to maintain parity with the euro.

The one-to-one exchange rate for many transactions announced in Germany yesterday implies that the currencies are at parity, that is, of equal value.