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hard currency

Syllabification: hard cur·ren·cy

Definition of hard currency in English:

noun

Currency that is not likely to depreciate suddenly or to fluctuate greatly in value.
Example sentences
  • The government also announced that Cuban state companies would have to sell the central bank any hard currency received from exports or domestic sales.
  • The Iraqi official said the money taken amounted to a quarter of the Central Bank's hard currency reserves.
  • Their purpose is simple: to create a free trade environment conducive to the production of export goods in order to earn hard currency.

Definition of hard currency in:

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