Sentence examples for full convertibility of from inspiring English sources

Mr Singh said he had asked the RBI to "revisit" the issue of full convertibility of the rupee.

China seems in no hurry to move towards full convertibility of the yuan and greater exchange-rate flexibility.

"The move in Shanghai will point to full convertibility of the yuan eventually, though that may take a long time," Anthony Yau, China Products' chief executive, said.

China's chief central banker said the country had put full convertibility of the country's currency back on the agenda after having suspended such plans during the Asian economic crisis two years ago.

Given the obstacles and the time it will take for China to adopt full convertibility of the yuan, the report suggested that the "best solution for now is to improve information flow".

For a long time, mainlanders have chafed at government controls that prevent the full convertibility of the yuan and thus stop money from flooding out of China in search of investment opportunities.

China's leaders tend to plan far ahead, however, and full convertibility for the renminbi is likely to take years, said three people who have discussed the issue with China's central bank policy makers.

Privatization, partial or total, allowing foreign capital to enter and exit the stock exchange, reforming and simplifying exchange control, and allowing a gradual full convertibility for the Algerian dinar (DZA).

But they also fear the upward pressure on the value of the yuan that a looser exchange-rate regime and full convertibility imply.So one theme of the debate covered in the report is how internationalisation can be achieved without liberalisation.

Politicians in America and elsewhere are calling for the yuan to be revalued.The Communist Party is, in fact, considering the idea of floating the currency, but it worries that full convertibility could expose China to the sort of currency crisis that hit South-East Asia in 1997.

"If Putin is the one to bring the ruble to full convertibility, it's a positive for his legacy," Mr. Timmons of Moscow Narodny Bank said.