non-convertible currency

non-convertible currency
non-convertible currency non-convertible currency currency

* * *

non-convertible currency UK US noun [C or U] (also inconvertible currency)
ECONOMICS, MONEY currency that cannot be changed into gold or into the currencies of other countries: »

With a non-convertible currency, a rudimentary banking system and no stockmarket, the country was struggling.


Financial and business terms. 2012.

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