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Translations for „currency substitution“ in the English » German Dictionary (Go to German » English)

currency substitution N FINMKT

Specialized Vocabulary

currency substitution

Währungssubstitution f

Monolingual examples (not verified by PONS Editors)

English

A few cases of full currency substitution prior to 1999 had been the consequence of political and historical factors. en.wikipedia.org

In all long-standing currency substitution cases, historical and political reasons have been more influential than an evaluation of the economic effects of currency substitution. en.wikipedia.org

This cost depends on the initial level of unofficial currency substitution before moving to a full currency substituted economy. en.wikipedia.org

An empirical finding suggests that inflation has been significantly lower in economies with full currency substitution than nations with domestic currencies. en.wikipedia.org

Partial currency substitution occurs when residents of a country choose to hold a significant share of their financial assets denominated in foreign currency. en.wikipedia.org

It results in a rapid and sizable process of currency substitution. en.wikipedia.org

On the other hand, currency substitution leads to the loss of seigniorage revenue, the loss of monetary policy autonomy, and the loss of the exchange rate instruments. en.wikipedia.org

Currency substitution can be full or partial. en.wikipedia.org

Currency substitution can not eliminate the risk of an external crisis but provides steadier markets as a result of eliminating fluctuations in exchange rates. en.wikipedia.org

This cost depends adversely on the correlation between the business cycle of the client country (the economy with currency substitution) and the business cycle of the anchor country. en.wikipedia.org

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