On no occasion throughout that turbulent history was an eventual withdrawal from the convertibility regime put under serious public discussion. |
They expect Hong Kong to eventually become a testing ground for convertibility of the yuan. |
The yuan is already convertible in the current account, but tough controls are still imposed on the currency's convertibility in the capital account. |
Dire consequences were predicted when, in 1971, Washington announced that it would no longer guarantee the convertibility of gold. |
The launching of the convertibility regime was a landmark in the 1990s in Argentina. |
To facilitate this, they demanded convertibility for sterling balances. |