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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With depleting foreign exchange reserves, some businesses have been forced to close as entrepreneurs and farmers turn to the black market in search of hard currency. Charles Pensulo, semafor.com, 10 Sep. 2025 Energy prices have also fallen, adding risk to export prospects for the Vaca Muerta shale field—one of Argentina’s few hopes for escaping chronic hard currency shortages that trigger balance-of-payments crises. Agustino Fontevecchia, Forbes.com, 30 Aug. 2025 The conglomerate, which is believed to keep most of its hard currency in its own financial institutions or bank accounts abroad, keeps its accounting books out of reach of government auditors. Nora Gamez Torres, Miami Herald, 6 Aug. 2025 Private fortunes are being made through licensed and unlicensed mining, smuggling, and sales to the central bank of Ethiopia, which is desperate for hard currency amid the country’s continuing economic meltdown. Mulugeta Gebrehiwot Berhe, Foreign Affairs, 5 Aug. 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 11 Sep. 2025.

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