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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At the end of November, the ruble crashed to its lowest point in two years, a consequence of climbing inflation and diminishing inflows of hard currency—from $34 billion in March 2022 to $2 billion in September 2024—due to financial sanctions.
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Theodore Bunzel, Foreign Affairs, 9 Dec. 2024
And all of that hard currency can create a major headache for retailers.
—Joe Arrage, Newsweek, 6 Dec. 2024
Cuba’s lack of hard currency has affected its ability to import basic necessities.
—Sophia Pargas, NBC News, 25 Nov. 2024
Back in our home in Denmark, a family friend helped translate all these original sources — paid for in hard currency: Czechoslovian beer from Bohemia.
—Ulrik Juul Christensen, Forbes, 30 Sep. 2024
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Theodore Bunzel, Foreign Affairs, 9 Dec. 2024
And all of that hard currency can create a major headache for retailers.
—Joe Arrage, Newsweek, 6 Dec. 2024
Cuba’s lack of hard currency has affected its ability to import basic necessities.
—Sophia Pargas, NBC News, 25 Nov. 2024
Back in our home in Denmark, a family friend helped translate all these original sources — paid for in hard currency: Czechoslovian beer from Bohemia.
—Ulrik Juul Christensen, Forbes, 30 Sep. 2024
See all Example Sentences for hard currency
Dictionary Entries Near hard currency
Cite this Entry
“Hard currency.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/hard%20currency. Accessed 21 Dec. 2024.
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