Crossword clues for hard currency
Longman Dictionary of Contemporary English
WordNet
Wikipedia
Hard currency, safe-haven currency or strong currency is any globally traded currency that serves as a reliable and stable store of value.
Factors contributing to a currency's hard status might include the long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank.
Conversely, a soft currency indicates a currency which is expected to fluctuate erratically or depreciate against other currencies. Such softness is typically the result of political or fiscal instability within the associated country.
Usage examples of "hard currency".
It was actually based on Soviet technology, one of the last major ICBM designs the Russians had built before their country had come apart, and Yamata-san had purchased the rights to the design for a song (albeit written in hard currency), then turned all the drawings and data over to his own people for modification and improvement.
In Kaliningrad and Lithuania, I ended up as an unofficial adviser on how the government could get the most hard currency out of their amber.
The Great Commoner and the august Emperor had similar notions about hard currency.
It also meant that Major Arabov was being paid partly in hard currency.