hard currency

Definitions

  • WordNet 3.6
    • n hard currency money in the form of bills or coins "there is a desperate shortage of hard cash"
    • n hard currency a currency that is not likely to depreciate suddenly in value "the countries agreed to conduct their bilateral trade in hard currency, replacing previous barter arrangements","Germany once had a solid economy, good fiscal and monetary policies, and a hard currency"
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Usage

In literature:

Foreigners are willing to shell hard currency for this indulgence.
"After the Rain" by Sam Vaknin
An uncertain currency, that goes up and down, hits the laborer, and hits him hard.
"Brave Men and Women" by O.E. Fuller
It is of prime necessity to bring back the currency of criticism to the old hard-money basis.
"The Atlantic Monthly, Volume 5, No. 28, February, 1860" by Various
A work emanating from so high a source hardly requires commendation to give it currency.
"Modern Atheism under its forms of Pantheism, Materialism, Secularism, Development, and Natural Laws" by James Buchanan
Nevertheless the slander gained general currency, and, even now, despite convincing refutation, dies hard.
"William Pitt and the Great War" by John Holland Rose
In hard-currency times, and with the labor and iron market easy, these terms might have been sufficient to invite the ready aid of capital.
"The Atlantic Monthly, Volume 20, No. 122, December, 1867" by Various
An excellent source of hard currencies.
"Expediter" by Dallas McCord Reynolds
This surplus, however, could not be used to reduce foreign indebtedness because it did not generate hard currency earnings.
"Area Handbook for Romania" by Eugene K. Keefe, Donald W. Bernier, Lyle E. Brenneman, William Giloane, James M. Moore, and Neda A. Walpole
But the price paid for this peace by Spain was hardly to be estimated in currency.
"The History of Cuba, vol. 1" by Willis Fletcher Johnson
How the Soviets had secured the hard currency required outside of regular government channels, he could not imagine.
"Project Daedalus" by Thomas Hoover
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In news:

Argentina's hard-charging president Cristina Fernandez de Kirchner has instituted new policies that place stringent controls on foreign-currency purchases, while insisting citizens convert their US dollars to pesos.
Is hard currency on its way out.
Sanctions-hit Iran has banned the import of foreign-made cars, laptops, and other `luxury' goods in the hope of saving billions of dollars in hard currency, a state-owned newspaper reported Thursday.
Currencies and exchange rates, in particular, are getting a hard look.
The euro-zone crisis has exposed the lack of dynamism in much of Europe (though Britain itself is hardly booming) and the British also feel sidelined, as countries that use the single currency are pulled more tightly together.
California's credit rating has been slashed to junk-bond status, and citizens are advised to stock up for the not-too-far-off day when cigarettes and Botox become the hard currency of choice.
"This is one of our only ways right now to earn hard currency," said tour guide Niloofar Ghatei from the southwestern city of Shiraz, a top tourist destination due to its climate, mausoleums and grapes.
But you too can visit North Korea, which is working hard to attract Western tourism as a way to accumulate badly needed foreign currency reserves.
The two hottest buttons when it comes to trade with China both have to do with cold hard cash: currency valuation and wage increase s.
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