How to use currencies in a sentence

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Sentence Examples Pound cheques and cheques or drafts drawn in other eurozone currencies should be lodged or cashed before February 9th. Convert money in Armenian Dram to and from foreign currencies using up to date exchange rates. All four of those countries, unlike other major economies are expected to avoid debasing their currencies by moving towards quantitative easing. These include equities, bonds, currencies and more complex derivative products such as futures and option products. Transactions in the spot market involve currencies for immediate delivery, usually within two working days. The leading currencies this week were the South African rand, the Norwegian krone, and Swiss franc. Those deposits can be in Kuwaiti dinar or other foreign currencies, and offer monthly, quarterly, half-yearly, and yearly returns. This is already evident with reference to what has happened in the kwacha's relationship with the major convertible currencies. The postman's bag was still crammed full of letters, but minus a number of registered parcels which contained the foreign currencies. We are very positive because now the Asian currencies will be cheaper in value to renminbi. The government has yet to announce foreign currencies the yuan is linked to. The convertibility of currencies and regulations on foreign ownership or the repatriation of profits are also important. On 1 January 2002, 300 million citizens said goodbye to their historic old currencies, replacing them with one, the euro. Gold anchored national economies, providing the basis for their currencies. Central banks hold reserves to defend their currencies from speculative attacks and to help finance international borrowing and trade. Financial spread betting gives retail investors an opportunity to bet on individual shares, stock indices or currencies. The Asian financial crisis was in full throttle, and the Malaysian ringgit, along with most other regional currencies, was falling fast. Savvy moves by Asia's newest leading ladies helped their currencies appreciate in value. At the same time, governments have usually moved to stave off depreciatory, not appreciatory, speculation against their currencies. In the intervening years the ruble collapsed along with other Asiatic currencies. Show More Sentences Moreover, Ferry said, the rupiah was benefiting from a weaker dollar vis-a-vis regional currencies. When countries like Korea moved to lower their interest rates their currencies appreciated. Then there is the likelihood of the baht slipping further against hard currencies. After that date, only the central bank will be buying banknotes of the currencies for leva. For some investors, the small spread may not justify the costs and risks associated with converting currencies to buy and sell foreign shares. Most modern currencies are fiat currency, allowing the coins to be made of base metal. However, the central bank persisted in pegging the baht to a basket of currencies in which the dollar had 80 per cent influence. Now it is possible that in the first six months of next year, they move to an exchange rate that is tied to a basket of currencies. The gold standard is one of the forms of a fixed exchange rates system because all currencies have a set equivalent in gold. Under a gold standard, currencies are valued in terms of a gold equivalent known as the mint parity price. Societies long ago started out using bimetallist systems, in which several types of metals were used as currencies. It follows that vulnerability to occasional, but severe, financial crises could be mitigated if countries were to abolish their own currencies. You may need to be careful you don't lose money if there is a transfer between currencies. The supermarket had adapted all its checkouts to handle both currencies during the changeover period. The third stage involved the irrevocable fixing of exchange rates and the replacement of national currencies by a single European currency. In 1997 the Irish punt rose in the slipstream of the British pound to its upper limits against all other currencies. The textbook solution to this problem is for a fall in the US dollar against other currencies leading to a boost in US exports. Market pressures also busted the snake, as governments were unable to keep their currencies within these bands. After France and Italy left the snake their currencies depreciated, making their goods more competitive than German goods. Any society which deals in both hard and soft currencies is prone to new divisions and tensions. Show More Sentences Over this period, the somoni managed to rise in value against foreign currencies. A great deal of the demand and supply of international currencies, however, is not for trade but for investment, often speculative investment. The yen that are bought, are then exchanged for U.S. dollars, or euros, or other currencies. Most credit cards and travellers' cheques are widely accepted, as are cash notes of the world's major trading currencies. This involves buying and selling futures or options on shares, bonds or currencies. One side-effect of getting rid of 12 currencies simultaneously is an upsurge in interest in numismatics, or coin-collecting. The strength of sterling against other currencies can turn an enjoyable holiday into an expensive trip. He blames the continued strength of sterling against other currencies, particularly the euro. Those currencies promote economic diversity and direct local resources to local pockets rather than to global companies' vaults. Secondly, the difference involved is meant to act as a partial hedge against fluctuations in currencies. Foreign central banks knew full well that their currencies are in the same boat as the dollar. However, eurozone central banks will continue to exchange notes of the old national currencies indefinitely. The deposit box is also stuffed with money in various currencies and a gun. The report noted the need for the abolition of limitations on the outflow of foreign currencies by enterprises that have invested in the nation. He argued that this situation came about because the fixed exchange rates overvalued the European currencies and undervalued the dollar. Some countries, particularly Asian ones, have no interest in the parities of major currencies being modified. This is done usually at the behest of central bankers who are still somewhat perplexingly attached to strong currencies at all costs. It was perceived as a safe option as it would hold its value when other assets and currencies collapsed in value. The worst-case scenario is that the single currency will collapse, leaving member countries to start afresh with their discarded currencies. Externally inconvertible currencies may be of rather limited value to their holder. Show More Sentences This, most regrettably, has gone much beyond a precarious domestic Credit scheme and a foray into inconvertible currencies. And transaction costs for converting money into other EMU currencies are set to fall, in some cases substantially. In the 1950s European currencies were not convertible and domestic trade was highly protected. These interventions involved buying or selling financial assets payable in U.S. dollars or other convertible currencies. In the late nineteenth century, for example, most currencies were convertible into gold, effectively fixing their exchange rates. However, current-account deficits are not very useful as warning signals for countries that have fully convertible currencies. Afterward the dollar floated against other currencies, its value determined by the demand and supply of foreign exchange. The market should decide the value of currencies, according to this view, and the correct exchange policy was to float the national currency. When the gold standard was abandoned around 1971, currencies had been floated against each other to measure their worth in the global scenario. Since then most countries have floated their currencies, which have no intrinsic commodity value. Most businesses will benefit from cost savings as they handle fewer currencies. Once the Hungarian forint goes, the markets will turn on the currencies of better-run economies like Poland and the Czech and Slovak Republics. However, Asian currencies gained slightly as investors dumped the U.S. dollar for currencies such as the Swiss franc and the euro. Banks may soon get a screen-based platform to trade in foreign currencies free of cost. It depends, as all currencies do, on people believing that it will hold its value over the long run. The reason I remember it is because of its equivalent value in harder currencies. Hence, the expansion of the number of countries led to a proliferation of currencies. Following the abolition of exchange control, banks have been able to make provision for deposits denominated in foreign currencies. But these currencies have once again begun to depreciate against the dollar as the Japanese authorities intervened to weaken the yen. In the meantime, all currencies will depreciate against each other, and precious metals and other commodities will rise, and rise. Show More Sentences The gold standard refers to currencies that are tied to the value of gold, as was the case in developed countries in the 19th century. The Bretton Woods system, where currencies had fixed values in terms of gold, inevitably collapsed. National states have endeavoured to overcome this problem by linking the value of national currencies to the value of gold or silver. National currencies based on the gold standard were thought to be uniform, leading toward a global monetary standard. Some of the world's biggest currencies, the Deutschmark, the Franc, the Lira, have all been abandoned for the Euro. In March 1995 the Spanish and Portuguese currencies were devalued by 7 and 3 per cent, respectively. Many are likely to resist by devaluing their own currencies or erecting new barriers against U.S. goods. It has been years now since much of Europe abandoned national currencies for the euro. Other freely exchangeable currencies should first be converted into US currency before being transferred. The exchange rate of the local currencies like the franc and the Deutsche Mark in relation to the euro was fixed at that time. This has effectively set an exchange rate for these currencies, and given them a real value. The EMEAP working group will proceed to study the extension of the ABF concept to include bonds denominated in regional currencies. The Latin American currencies generally outperformed their global counterparts. A decline in the value of the US unit against other currencies tends to boost gold prices because the precious metal is priced in dollars on world markets. The euro will become a powerful counterpoint to the US dollar, and beside these two powerful currencies the Australian dollar looks increasingly vulnerable. Over a five-year period, currencies tend to move cyclically. The value of the ringgit has been seen as too low compared with other regional currencies which have gained strength reflecting the rising economy. Other currencies would be convertible to dollars at fixed exchange rates. Monetarists have also defended the use of currency boards and direct dollarization, that is, the abandonment of domestic currencies, for the same reason. Over centuries, governments have taken over money from the market, and in the 20th century, most currencies became unbacked by anything other than the force of the State. Show More Sentences Under a fixed exchange rate system, devaluation and revaluation are official changes in the value of a country's currency relative to other currencies. Inflation, which is always politically engineered, devalues currencies, debases trust and takes years to work its way out of investors' perceptions. In the aftermath of the Games, the Australian dollar has suffered a free-fall, plunging to record lows against the US dollar and most other currencies. The slump in US stocks has weakened the dollar against other currencies, with the euro climbing to parity against the greenback for the first time in over two years on Monday. He said his company would continue quoting in Kwacha and the prices would remain stable even when the rate of the kwacha fluctuated against other currencies. The rump euro zone would be stronger, and currencies can do pretty well during a crisis, depending on how the central bank reacts. As a result, the dollar must decline. The result of a declining dollar is logically a move towards other currencies which in itself is a form of Gresham's law. But this is a free trade position, to say that currencies should float. Pegging has typically been a way to substantiate the value of a local currency against the world's convertible currencies and to stabilize the exchange rate. I carry all the funny little pink and yellow and orange currencies of the world, in my pants pockets, my wallet, and stuffed in my back-up billfold. Plus, currencies in these markets have strengthened, meaning returns in Hungarian forints or Brazilian reals get a boost when rendered in dollars. The FSA complaint says that there were more than 800 requests for the yen libor alone, and 115 for libors in other currencies. That tends to encourage large and small holders alike to consider turning their weakened rubles into other currencies. At one stage we could boast about being able to use three different currencies, and if you played your cards right, you could use it to your advantage. The dollar is therefore likely to decline in relation to the euro, sterling and other unpegged currencies, no matter who occupies the White House. After all, as long as China and Japan pursue export-led growth by refusing to let the dollar fall against their own currencies, the greenback will avoid a huge decline. Many industries in the UK have suffered as a result of cheap imported foreign goods and as a result of the strength of the pound against other currencies. The leading currencies were the Swedish krona, Swiss franc, Norwegian krone, Czech koruna, Australian dollar, Danish krone, euro and New Zealand dollar. Globalization has changed forms of money with the spread of transborder currencies, distinctly supraterritorial denominations, digital cash, and global credit cards. Today, most national currencies have no backing in precious metals or commodities and have value only by fiat. Show More Sentences In preparation for World War I the warring nations moved to fractional gold standards, inflating their currencies to finance the war effort. Outside the United Kingdom, the British Crown Dependencies of Jersey and Guernsey use the pound sterling as their currencies. Spain introduced its decimal currency unit, the peseta, in 1868, replacing all previous currencies. The euro, which comprises 100 cents, was introduced in the eurozone, and as of 2015, it replaced 19 national currencies in Europe. The other industrialized nations followed suit with their respective currencies. Until the oil shock, the price had also remained fairly stable versus other currencies and commodities. Different country calling codes and currencies are used for different settlements, depending on the administrating country. It is a proposed basket of Asian currencies, similar to the European Currency Unit, which was the precursor of the Euro. Therefore, ASEAN economies are more concerned about currency stability against major international currencies, like the US dollar. These governments take actions to implement such things as unified national markets, national currencies, and customs system. The Zambian central bank has directed companies not to price products in foreign currencies. Slide is a gaming firm and Jambool provides virtual currencies and payments. The vote by the IMF's executive board puts the Chinese economy into an exclusive club of countries with reserve currencies. Indeed, SDR currencies are automatically regarded as acceptable reserve currencies. He believes that the world is heading to a state where there are several reserve currencies, notably the euro and the Chinese renminbi. The US Dollar is the most popular currency for international transactions and it's also one of, if not the most, dominant reserve currencies. Monetary assets and liabilities denominated in foreign currencies are retranslated at the rate of exchange ruling at the balance sheet date. In 1999, 12 of the 15 members of the EU joined the Eurozone replacing their former national currencies by the common euro. Until then, participating countries can continue using their own currencies at an exchange rate fixed to the euro. You'll be able to pay cash in old currencies and make purchases in euros using credit and debit cards,and Eurocheques. Show More Sentences No restrictions on customers' provenience and payment destination countries or currencies are in force within the company's policy. The difference in value between the two currencies is not significant. Three of the nations are expected to revalue their currencies soon. These include the British pound, US dollar, New Zealand dollar, euro or their own currencies, which may be pegged to either. In 2002, euro banknotes and coins replaced national currencies in 12 of the member states. Only inconvertible paper currencies can be expanded rapidly without limit to generate hyperinflation. It would become the standard for Byzantine and European currencies for more than a thousand years. A number of nations that do not use sterling also have currencies called the pound. These currencies and others tied to sterling constituted the sterling area. As a consequence, conversion rates between different currencies could be determined simply from the respective gold standards. The move prompted several other currencies to be devalued against the dollar. A number of currencies were official ISO 4217 currency codes and currency names until their replacement by the euro or other currencies. Other cultures in Asia Minor later materialised their currencies in the form of gold and silver coins. He concluded that oil would have given an independent Scotland one of the strongest currencies in Europe. The Atlantic trade brought new crops to Africa and also more efficient currencies which were adopted by the West African merchants. Exchange rates for such currencies are likely to change almost constantly as quoted on financial markets, mainly by banks, around the world. The asset market approach views currencies as asset prices traded in an efficient financial market. Consequently, currencies are increasingly demonstrating a strong correlation with other markets, particularly equities. Along with other valuables of foreign provenience, these currencies figured importantly in bridewealth. In general, exporters of goods and services will prefer a lower value for their currencies, while importers will prefer a higher value. Show More Sentences In the first half of the 20th century multiple currencies did share the status as primary reserve currencies. Government debt, synonymous to sovereign debt, can be issued either in domestic or foreign currencies. Relatively few investors are willing to invest in currencies that do not have a long track record of stability. More riskily, you can trade currencies on margin, which means you can lose more money than your initial investment. The kroon has been pegged to foreign currencies from the start, first to the deutschmark and, in 2002, to the euro. The low steel prices in some countries, such as China, are due to the fact that their currencies have deteriorated, Hanafy noted. The license will let Credila to act as a money changer for international currencies. Some colonial governments and the Continental Congress had undermined the public's confidence before and during the Revolutionary War by greatly overissuing currencies. Burgernomics hints that their currencies are a little overcooked. After the formation of the Unity Government and the adoption of several currencies instead of the Zimbabwe dollar in 2009, the Zimbabwean economy rebounded. The Mongol administration had issued paper currencies from 1227 on. He advised the citizens of Arab Spring countries to exchange their currency at a Saudi bank because money changers may not accept these currencies. Modern studies have further shown that details given in Marco Polo's book, such as the currencies used, salt productions and revenues, are accurate and unique. In 1603, the union of Scotland and England under King James VI led to a partial union of both countries' currencies, the pound Scots and the pound sterling. The authors argue that adherence to the gold standard forced many countries to resort to tariffs, when instead they should have devalued their currencies. The minister said direct transactions using rupiah and yuan would protect both currencies from the negative impact of any change in demand for US dollar. After World War II gold was replaced by a system of nominally convertible currencies related by fixed exchange rates following the Bretton Woods system. A culture is the combination of the language that you speak and the geographical location you belong to. It also includes the way you represent dates, times and currencies. The SDR currency value is determined daily by the IMF, based on the exchange rates of the currencies making up the basket, as quoted at noon at the London market. Over time, new currencies are created and old currencies are discontinued. Show More Sentences In 1973, the ISO Technical Committee 68 decided to develop codes for the representation of currencies and funds for use in any application of trade, commerce or banking. Some currencies do not have any minor currency unit at all and these are given an exponent of 0, as with currencies whose minor units are unused due to negligible value. The pound is freely bought and sold on the foreign exchange markets around the world, and its value relative to other currencies therefore fluctuates. One of the advantages of trading foreign currencies through Track Data Securities is that Forex trading has been fully integrated into existing trading platforms. In fact, industrial costs per hectoliter declined slightly compared to the fourth quarter of last year despite the appreciation of local currencies. Both economies recklessly decide to hyperinflate their currencies. The British dependencies use a varied assortment of currencies. The International Monetary Fund has said there will be no quick decision as to whether it may include the Chinese yuan in its strategic basket of reserve currencies. Your assignment consists of replacing one letter in each word with another and then anagrammatizing the resulting collection to reveal one of the world's currencies. The Scandinavian Monetary Union, a monetary union formed by Sweden and Denmark on 5 May 1873, fixed both their currencies against gold at par to each other. In an attempt to rein in on the spread of counterfeit currencies in the country, the Yemen Central Bank released in August what was touted as induplicate bank notes. Examples from Classical Literature These plated currencies are a terrible plague to the numismatist, as 99 specimens out of 100 have parted with their white coats. When these currencies became more appropriately valued, these investments proved unprofitable. The Borderless Prepaid Card allows travellers the option of loading up to eight currencies on a single card. Some firms have even had to sell rubles to get their hands on foreign currencies and that's put further pressure on the ruble. The European Commission proposal for the common agricultural policy payments abolishes green rates used to convert Ecu-denominated payments into national currencies. According to article 202 of the Omani Penal Law, anyone who forges official documents and currencies will be sentenced to three to ten years in jail. The dollar, however, recouped some of its strength against other major currencies in the afternoon mainly because oil prices somewhat weakened, they said. The persistence of national currencies throughout the EC clearly impedes the full realization of the potential benefits of the single-market program. Congressman Ron Paul favors denationalizing currencies and free banking. Find more words! 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Words that rhyme with currencies What is the adverb for currencies? What is the adjective for currencies? What is the noun for currencies? Use our Sentence Generator Nearby Words currawong currants currant curran curragh currach currency currency's current Current current-account current affairs 10-letter Words Starting With c cu cur curr curre curren currenc currenci currencie