Examples of 'currency board arrangement' in a sentence
Meaning of "currency board arrangement"
currency board arrangement: This phrase refers to a monetary system where a country's currency is issued and backed by a foreign reserve currency in a fixed exchange rate. It is used in the context of economics and finance to describe a specific type of exchange rate regime
How to use "currency board arrangement" in a sentence
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currency board arrangement
The country has introduced a currency board arrangement.
The currency board arrangement imposes constraints on fiscal policy.
Estonia is continuing with its currency board arrangement as a unilateral commitment.
Monetary financing of the budget deficit precluded by the currency board arrangement.
The operation of the currency board arrangement has been satisfactory.
Until now, Lithuania 's monetary policy has been based on the currency board arrangement.
Estoniacontinues with its currency board arrangement as aunilateral commitment.
Since April 1994, monetary policy has been prescribed by a currency board arrangement.
Lithuaniacontinues with its currency board arrangement as aunilateral commitment.
Lev pegged to the euro since January 1999, under a currency board arrangement.
We have a currency board arrangement and a large fiscal reserve.
Economic reforms continued and the Currency Board Arrangement was maintained.
Under the currency board arrangement there is no room for discretionary monetary policy.
The exchange rate is fixed ( against the USD ) as the currency board arrangement requires.
Reflecting its euro-based currency board arrangement, the Bulgarian lev remained unchanged against the euro.
See also
The programme paved the way for the introduction of the currency board arrangement in July 1997.
Estonia continues with its currency board arrangement as a unilateral commitment.
Lithuania continues with its currency board arrangement as a unilateral commitment.
Lithuania is continuing with its currency board arrangement as a unilateral commitment.
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