hard currency

noun

: money that comes from a country with a strong government and economy and that is not likely to lose its value

Examples of hard currency in a Sentence

Recent Examples on the Web Both of them rely on their foreign-residing nationals for access to hard currency. Washington Post Live, Washington Post, 22 July 2024 SDRs can be exchanged for hard currency to purchase goods like food and medicine, used to repay debt or held for a rainy day. Reader Commentary, Baltimore Sun, 26 June 2024 Those workers could then convert wages in rubles to dollars or euros, potentially becoming a source of the hard currency North Korea desperately needs. Kim Tong-Hyung and Jim Heintz, The Christian Science Monitor, 20 June 2024 Revenue for Egypt from the Suez Canal – a key source of hard currency for its struggling economy – has halved since the attacks began. Jon Gambrell, The Christian Science Monitor, 14 June 2024 See all Example Sentences for hard currency 

These examples are programmatically compiled from various online sources to illustrate current usage of the word 'hard currency.' Any opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.

Dictionary Entries Near hard currency

Cite this Entry

“Hard currency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hard%20currency. Accessed 19 Aug. 2024.

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