The currency is fully convertible, which means it can be freely exchanged for other currencies.
这种货币是完全可兑换的,意味着它可以自由地兑换成其他货币。
Most countries have removed restrictions on capital
convertibility to attract foreign investment.
大多数国家已经取消了资本兑换限制以吸引外资。
The stock market rallied after the government announced plans to liberalize financial
convertibility.
政府宣布放宽金融兑换管制后,股市大幅上涨。
Gold was once used as a standard for currency
convertibility during the gold standard era.
在金本位时代,黄金曾被用作货币兑换的标准。
China has gradually increased the
convertibility of its renminbi to promote international trade.
中国逐步提高人民币的可兑换性以促进国际贸易。
Convertible bonds allow investors to exchange them for company shares at a predetermined rate.
可转换债券允许投资者按照预定比率将其转换为公司股票。
The bank guaranteed the full
convertibility of my savings account into cash.
银行保证我的储蓄账户可以全额兑换成现金。
The rise in oil prices affected the country's balance of payments and threatened currency
convertibility.
油价上涨影响了该国的国际收支平衡,并威胁到其货币的可兑换性。
Some economists argue that complete
convertibility could lead to speculative attacks on a country's currency.
一些经济学家认为,完全可兑换可能导致对一国货币的投机攻击。
To ensure economic stability, the central bank must maintain a certain level of control over currency
convertibility.
为了确保经济稳定,中央银行必须在一定程度上控制货币的可兑换性。
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