The national currency was devalued by 5 percent last week.
The 'if' goes about as follows: You have to do away with your national currency, whatever it is.
To issue the national currency and seek for its stability.
Does he really think the return to national currencies the best way forward for the Continent?
June 2002 - Old national currencies are no longer legal tender.
We must bear in mind that national currencies could continue to change hands for another 20 years!
They should be allowed to decide for themselves whether to keep their national currencies.
Would we have been in a position to protect our individual national currencies from the impact of the financial crisis?
It is perhaps even more important than the matter of a national currency.
The national currency has lost 30 percent of its value against the dollar since January.
If a central bank runs out of domestic currency to buy foreign reserves, it can always print more.
And by and large, the workers who produce those goods want to be paid in their domestic currency.
Their central bank accepts deposits from residents in exchange for domestic currency.
The reader should ascertain the position regarding his own domestic currency.
A rise in q means that the domestic currency appreciates.
The recipient government is also then left with the original payment in its domestic currency.
Yet often the returns of the borrower's project will be in the domestic currency.
The standard economic answer to both these questions is that the price of foreign exchange should be raised in terms of the domestic currency.
The dollar ended up mixed in domestic currency trading yesterday.
Such bonds are often denominated in the country's domestic currency.