Sentence examples for existing currency from inspiring English sources

The colon, the existing currency, will be phased out gradually.

The bank said that Zimbabweans could exchange their existing currency for new bills until Aug. 20, after which the old bills will be worthless.

For states fearful that their existing currency board arrangements could be threatened, euroisation would appear an attractive option.An alternative course would be to bite the bullet on devaluation.

Instead, they would have to replace an existing currency with another one a process that would immediately lead to capital flight and the collapse of the local banking system.

It should eventually subsume West Africa's existing currency bloc but not its central African cousin.In this section Not fully inflated Trading up Hock and sinker Concentrating binds Zone of contention Ever closer Fixed harmony Stagnant thinking ReprintsUnder the proposal an initial group of six countries will adopt the eco by 2015 (see map).

Mrs. Merkel continued to oppose so-called euro bonds backed by all 17 members of the existing currency union, which embraces many different levels of economic strength ranging from struggling Greece to the export-driven German economy, which is seen as the powerhouse of Europe.

Founded as a digital competitor to existing currencies, Bitcoin has moved more into the mainstream of late.

The weakness in existing currencies stems from lack of faith in institutions — particularly central banks, which are often in league with commercial and investment banks.

By 1998 the European Central Bank had been established, and on 1 January 2002, euro notes and coins replaced existing currencies in 11 countries.

The second stage would be to create a new 'hard' ecu which would not just be a fluctuating average of existing currencies (the existing ecu is revalued every day) but a genuine currency in its own right which, Mr Major says, would never devalue against other community currencies.

The new notes and coins will circulate alongside existing currencies until July 2002.