FT MarketWatch

Currency convertibility

The ability to Exchange money for gold or other currencies. Some Governments which do not have large reserves of hard Currency foreign reserves try to restrict Currency convertibility, since they are not in a Position to handle large Currency market operations to Support their Currency when necessary.

Related Terms: 13 Currency, Currency convertibility, Exchange, Governments, Hard currency, Heir, Inc., Money, Market, Position, PPO, Ratio, Support
Other Related Pages: Category: Currency Starting With: C
Semi Related Terms: 593 CLICK HERE TO VIEW