How To Use Convertibility In A Sentence
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The launching of the convertibility regime was a landmark in the 1990s in Argentina.
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They expect Hong Kong to eventually become a testing ground for convertibility of the yuan.
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Chinese philosophers believe in the mutual convertibility of blessings and misfortunes and nowhere is this dramatized so vividly as in Chinese officialdom.
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Naturally, as a faithful devotee of the Quantity Theory, he helped create, he was also opposed to the inconvertibility of paper currency and the bimetallist movement.
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While it survived, it served a useful function in obtaining agreement on some economic questions such as currency convertibility and capital transfers.
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With increasing convertibility on the capital account, they will also attract undue attention from currency speculators.
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The late discovery of the monogenesis, reciprocal convertibility, and indestructibility of all Forces in nature, leads us upward towards the recognition of one Omnipresent and Omnipotent Will, which, like a mighty tide, sweeps through the universe and effects all its changes.
Christianity and Greek Philosophy or, the relation between spontaneous and reflective thought in Greece and the positive teaching of Christ and His Apostles
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The convertibility of currencies and regulations on foreign ownership or the repatriation of profits are also important.
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Under the IMF's classification, even if Japan were to buy Chinese bonds, they would not be counted as foreign reserves, as only assets with currency convertibility qualify.
Japan Hopes China Bond Buying Speeds Market Reforms
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To facilitate this, they demanded convertibility for sterling balances.
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This premise refers to their"conceptual" differences and inconvertibility, which are what various kinds of cultural colonization want to eradicate and what the spirit of po...
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On the other hand, if they were to be founded on mutual trust and a real understanding of the basic principles of trade, then I believe 'convertibility' could not only be achieved, but achieved soon.
Canada's Position In A Changing World
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And as with Argentina's pre-2002 "convertibility" regime, which rigidly pegged the Argentine peso to the dollar, Greece is denied the one policy option that could ease its economic pain: a currency devaluation.
Greece Is Suffering From Argentina's Disease
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By 1908, however, silver had effectively been demonetized in Europe, and, although a number of countries could not offer full convertibility, in practice exchange rates were fixed in gold terms.
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Argentina, trying to put an end to years of runaway inflation, pegged its peso to the dollar through a so-called convertibility program in 1991.
Argentine Episode Is Little Comfort for Greece
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Note that the element of convertibility is not a prerequisite; it is sufficient only to commit to the price of gold becoming the "alarm signal" for the real bills doctrine to work.
To Stabilize The Economy, Fix The U.S. Dollar
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Dire consequences were predicted when, in 1971, Washington announced that it would no longer guarantee the convertibility of gold.
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But venture capitalists are unwilling to invest in unlisted companies since they cannot retrieve their profits due to the inconvertibility of the yuan.
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Some countermeasure and recommendation on RMB's full convertibility.
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Even if we look at the situation selfishly, we will see that Britain's sterling balance situation is a big factor in hindering a return to convertibility of dollars and sterling, which is affecting us very directly.
Business Action
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It was already mentioned that the convertibility law sanctioned the validity of monetary contracts denominated in any currency.
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After china's accession to WTO, it is the inevitable trend for the RMB free convertibility in capital item.
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The ‘paper pound’ refers to the restriction placed on the convertibility of Bank of England notes into gold bullion or coin.
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He was adamant that "convertibility" would be the cornerstone of his policy - and he kept his word when he got the job in December 1999.
BBC News | News Front Page | UK Edition
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The old gold standard was supposed to maintain the convertibility of gold in currency but now we're not even backing it with currency anymore with gold anymore ? so what does it mean?
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The vital principle of a bank is security in the regularity of its operations, and the immediate convertibility of its paper into coin; and what confidence could be reposed in an institution or its paper promises, when the sovereign could at any moment centuple those promises in the market, and seize upon all the money in the bank?
The Crayon Papers
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Hiroshi Watanabe , who served as Japan's top financial diplomat overseeing its foreign exchange policy, said he was not entirely in favor of Japan holding yuan assets given the currency's lack of full convertibility, but added that Tokyo's purchases despite the constraint would highlight the anomaly and would send a message to Beijing to speed up its efforts to make the yuan more flexible.
Japan Hopes China Bond Buying Speeds Market Reforms
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the inconvertibility of their currency made international trade impossible
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On no occasion throughout that turbulent history was an eventual withdrawal from the convertibility regime put under serious public discussion.
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The yuan is already convertible in the current account, but tough controls are still imposed on the currency's convertibility in the capital account.
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While it survived, it served a useful function in obtaining agreement on some economic questions such as currency convertibility and capital transfers.
