Sentence examples for functions of currency from inspiring English sources
This showed the government's resolve to keep inflation in check.Next, in order to "de-index" the economy, most contracts were converted to "units of real value" (URVs), make-believe money that served only as a unit of accounts, not a means of exchange or store of value, the other two functions of currency.
The U.S. dollar and other reserve currencies have historically performed well as a medium of exchange and as a store of value — the two principal functions of a currency.
The sole function of a currency board is to exchange the domestic currency it issues for an anchor currency at a fixed rate.
It can act as a unit of account, which is a function of traditional currency.
"The problem is that the price of these 'puts' is a function of the currency's volatility, so with Bitcoin they would be very expensive".
Because of that limited staff, the E.C.B. depends on the Bundesbank to handle many of the back-office functions of the common currency.
Her speech was punctuated by European brand names, which functioned as a kind of currency.
The upwards of 15 million salmon that passed through the mile-long span of rocky chutes in the Columbia River every year functioned as a sort of currency.
Aside from functioning as a form of currency to purchase equipment, the points act as a score of the players' performance.
In addition to his duties with the WRB, Olsen was also secretly functioning as the chief of currency operations for the Stockholm branch of the Office of Strategic Services (OSS), the United States' wartime espionage service.
