Several Havana residents interviewed by this journalist have many doubts about holding on to savings in CUPs because of their uncertainty as to what the fixed parity between the Cuban peso and the
convertible currency will be on Day Zero.
Repatriation of revenues and profits outside of Jordan, in a
convertible currency, earned by virtue of the investment;
O'Driscoll Jr., a Cato senior fellow, reminds us that liberalism went hand in hand with a
convertible currency under the classical gold standard.
The pound would be a fully
convertible currency in an independent Scotland and the UK Government couldn't stop us using it.
The sum of the Bank's
convertible currency paid-in capital, total
In my view, there is a stronger signal that China is a key player but also an important partner in the composition of this C* easily
convertible currency of the IMF," Lagarde said.
Two, India's unwillingness to make the rupee a fully
convertible currency also means it must use a mutually acceptable currency.
"Bahrain has a more liberal economy, it's competitive, value-oriented, has the lowest tax, 100pc ownership in business and real estate and has a freely
convertible currency.
Tunisia plans to ease some restrictions on the movement of capital in preparation for a planned switch to a fully
convertible currency in 2014.
Mayaleh's next big effort is to complete the liberalisation of the current account and move to a fully
convertible currency exchange system.
They 'guarantee to investors of each contracting party freedom of transfer of payments relating to an investment in freely
convertible currency'.
an advantage: it had the only
convertible currency, and so could issue domestic currency to pay its import bills.
