Currency Convertibility
外汇网2021-06-19 13:40:20
94
The ease with which a country's currency can be converted into gold or another currency. Convertibility is extremely important for international commerce. When a currency in inconvertible, it poses a risk and barrier to trade with foreigners who have no need for the domestic currency.
|||Government restrictions can often result in a currency with a low convertibility. For example, a government with low reserves of hard foreign currency often restrict currency convertibility because the government would not be in a position to intervene in the foreign exchange market (i.e. revalue, devalue) to support their own currency if and when necessary.
标签：
随机快审展示
推荐文章
- 黑马在线:均线实战利器 8721 阅读
- 短线交易技术:外汇短线博弈精讲 4057 阅读
- MACD震荡指标入门与技巧 4185 阅读
- 黄金操盘高手实战交易技巧 4536 阅读
- 做精一张图 3289 阅读
热门文章
- 港币符号与美元符号的区别是什么啊？ 24962 阅读
- 我国各大银行汇率为什么不一样啊？ 15094 阅读
- 越南盾对人民币怎么算的？越南盾对人民币汇率换算方法是什么 10268 阅读
- 百利好环球欺诈，不给出金，无法联系。 9780 阅读
- 黑马在线:均线实战利器 8721 阅读