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

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Tourism, a major source of hard currency for the country, remains far below pre-pandemic levels; analyses using official Cuban data show that tourist arrivals in 2025 were less than half the number in 2019. Ricardo Torres, Time, 8 Jan. 2026 Instead, the foreign firms pay the salaries in hard currency to government employment agencies— which pocket the money and pay the Cuban workers in pesos. Nora Gámez Torres, Miami Herald, 23 Dec. 2025 The bolivar’s plunge can be partially explained by the US military’s show of force, as nervous Venezuelans seek to purchase hard currency as a hedge against an uncertain future. Stefano Pozzebon, CNN Money, 11 Nov. 2025 According to a blog published by the Council on Foreign Relations, the ins and outs of the crisis are complicated, but undergirding it all is the fact that the country is running out of hard currency. Kinsey Crowley, USA Today, 3 Nov. 2025 See All Example Sentences for hard currency

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“Hard currency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hard%20currency. Accessed 15 Jan. 2026.

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