Exact(9)
And until it began to meddle with convertibility, that was the case in Argentina.
The central banker's statement that dealing with convertibility risk is part of the E.C.B.'s mandate is therefore highly significant.
If that wasn't bad enough, Domingo Cavallo meddled with convertibility shortly after he was reinstated as Argentina's economic czar in March 2001.
The Argentine experiment with convertibility ended in collapse.
With convertibility in place, long peso positions are a sure thing.
"Most of the proposals being put forward fail to provide a realistic alternative global reserve currency, with convertibility and liquidity issues the downfall of most suggestions at this stage," Galy said.
Similar(51)
Including glucan and NDF concentration in models along with convertibility-type measurements will increase the accuracy of biofeedstock quality predictions using surrogate measurements.
There are also plans to experiment with the convertibility of China's tightly controlled currency, the yuan, and let market forces rather than regulators set interest rates.
There's the same dilemma with currency convertibility.
With currency convertibility, the cost of public debt would drop from more than 8% of GDP to around 4%.
The slim and stylish Yoga 900, I have now doubles down on that convertibility with fancy watch band-inspired, stainless steel hinges, weighs considerably less with a wider and more beautiful monitor.
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