Sentence examples for full currency from inspiring English sources
His predecessor came up against the limits of the independence of the central bank in August 2007, when President Yar'Adua vetoed his planned package of bold reforms to restructure the naira and achieve full currency convertibility.
Michael Klein, professor of international economics at Tufts University and author of a book on exchange rates, noted that allowing full currency convertibility would mean giving up a powerful macroeconomic lever that is critically important to China's export sector — a major jobs engine.
Can the choice really be coming down to outright currency union or pure float?What makes Argentina's case so interesting is that on paper it is not a very strong candidate for the currency-board approach (let alone for full currency union with the United States).
Certainly, in terms of some of the bolder promised measures, like full currency convertibility and interest rate liberalisation, China's policy makers do appear to be moving cautiously.
In France, an HSBC manager, Nessim el-Maleh, was able to run a cash pipeline in which plastic bags full of currency from the sale of marijuana to immigrants in the Paris suburbs were collected.
Can he not see that without euro membership Greece and Ireland, and perhaps Italy, and even more remotely Spain, might have already suffered full scale currency crises and IMF bail-outs, with far more draconian penalties for their economies than the severe measures they are now, belatedly, undertaking?
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At the moment Libor is 2%, thanks to Alan Greenspan's efforts to revive the economy by dumping wheelbarrows full of currency on the streets.
This would be the opening salvo in a full-blown currency war.
The move fuelled fears of a full-blown currency war, as countries try to protect their exports.
PARIS — A decade after the euro's birth as a full-fledged currency, the anniversary has been more a sickbed vigil than a celebration.
