It was already mentioned that the convertibility law sanctioned the validity of monetary contracts denominated in any currency. |
With increasing convertibility on the capital account, they will also attract undue attention from currency speculators. |
They expect Hong Kong to eventually become a testing ground for convertibility of the yuan. |
The launching of the convertibility regime was a landmark in the 1990s in Argentina. |
The convertibility of currencies and regulations on foreign ownership or the repatriation of profits are also important. |
Dire consequences were predicted when, in 1971, Washington announced that it would no longer guarantee the convertibility of gold. |