The tolerance for inconvertible
currency released free banks from a heavy burden: paying on demand.
In Buenos Aires, the government printed large amounts of inconvertible
paper money to finance increasing fiscal deficits.
Since the ringgit is now inconvertible
overseas, all trade settlements will have to be made in foreign currencies.
The currency (Yuan) was made inconvertible
and external trade was
There are other scientists like Shaubach, former skeptics who converted to the cold fusion cause after having been persuaded by what they claim is growing, inconvertible
Even if a currency is convertible in theory, the shortage of hard currency and the lack of effective markets may make it inconvertible
Only after the dollar had been declared inconvertible
into gold, had been devalued in the Smithsonian Agreement, and still was under downward pressure in exchange markets, did U.
Its first commercial step will be to issue dollars 100 million inconvertible
bonds (it has yet to appoint an underwriter), and later it will issue shares on the KSE, to attract Pakistani investment, although initially the consortium members themselves will be the largest shareholders.
Serious barriers remain on both sides-including an inconvertible
ruble and United States restrictions on credit and technology transfer.
All but a few developed countries in the first sample had either imposed severe restrictions on international transactions or had inconvertible
currencies during the early period.
The Chinese yuan is getting more attention today as an international currency but is still inconvertible
on the capital account and, like many emerging market currencies, subsidiary to the dollar.
In the case of inconvertible
currencies contracting the value "0PLN" (in words zero) per unit of currency nonremovable.