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The recipient government is also then left with the original payment in its domestic currency.
Uncertain domestic currency values in instances like this are always going to be present.
This keeps the domestic currency's exchange rate at its targeted level.
Such bonds are often denominated in the country's domestic currency.
If a central bank runs out of domestic currency to buy foreign reserves, it can always print more.
Yet often the returns of the borrower's project will be in the domestic currency.
The reader should ascertain the position regarding his own domestic currency.
The dollar ended up mixed in domestic currency trading yesterday.
Their central bank accepts deposits from residents in exchange for domestic currency.
A rise in q means that the domestic currency appreciates.
And by and large, the workers who produce those goods want to be paid in their domestic currency.
The standard economic answer to both these questions is that the price of foreign exchange should be raised in terms of the domestic currency.
Internal convertibility of the domestic currency was introduced in November 1991.
A counterpart fund is a technique for turning foreign aid into reserves of domestic currency.
That is, the domestic currency Appreciate relative to the foreign currency.
Just as domestic currency can change value, so can foreign currency.
It ended up with domestic currency speculators, as it turned everyone into one.
However, in some cases, intervention has also been aimed at avoiding quick appreciations of domestic currency.
IT makes sense that tourists would flock to areas where their domestic currency packs the greatest punch.
A rise in oil prices is bound to strengthen the domestic currency, which may be seen by Russian industrial producers as less than good news.
Additionally, the currencies from host countries have more purchasing power than the domestic currency in the Caribbean.
News that the economy was weakening caused the dollar to fall sharply on overseas and domestic currency markets.
Once the nation's government has exhausted its foreign reserves trying to support the value of the domestic currency, its policy options are very limited.
All the world's economic relations are affected by the "cross-rates" between the domestic currencies of trading partners.
An importer might be able to make payment in his own domestic currency if this is acceptable to the exporter.