strong currency
currency that lenders are willing to accept as payment, other than their own national currency. Also, a convertible currency trading in the exchange markets at a premium vis-Ã -vis other convertible currencies.
Strong Currency
A currency whose value compared to other currencies is improving, as indicated by a decrease in the direct exchange rates for the currency.
Strong dollar ...
dollar (USD) has been considered a strong currency in recent years,[when?
Definition adjustable peg: An adjutable peg exchange rate is a system where a currency is fixed to a certain level against another strong currency such as the Dollar or Euro.
Factors like a strong currency, key reforms in the banking, power and telecommunications sector, increased consumer spending and stable policies are expected to play a major role in attracting FIIs to India.
Applies mainly to convertible securities. Return on the debt portion of a bond/warrant unit after subtracting the value of the issued warrant segment.
Strong Currency ...
have frequent currency devaluation, balance of payments difficulties or political instability. A soft currency is usually not fully convertible to all currencies but only perhaps to some other "weak" currencies. Contrast with Hard or strong currency.
 See also: Banks, Mergers, Bills, Saving, Central banks
  
|
RSS
