During Soviet times, gas and oil exports generated hard currency.

The Russians wondered if the project would generate enough foreign currency to justify their investment, but they weren't just concerned with its financial potential.

Bolivia, for example, generates far more hard currency through its cocaine crop than it receives in American aid grants.

Lithuania's economy does not generate nearly enough hard currency to buy the oil it needs on the world market.

They want to generate hard currency, which would dictate that the ventures concentrate on goods for export.

Tourism does not generate enough hard currency to pay for their energy needs.

In addition, enterprises that generate hard currency have the right to spend part of it on new equipment from abroad.

He said funds raised by the issue would be invested in those parts of the economy that generate hard currency, such as tourism.

He was also involved in generating foreign currency.

And because his factory generates so much hard currency, it enjoys advantages that make other managers jealous.