Sentences with PETROCURRENCY
Check out our example sentences below to help you understand the context.Sentences
1
"The Venezuelan bolívar is considered a petrocurrency because its value is closely tied to the price of oil."
2
"After several oil discoveries, the Nigerian naira became a major petrocurrency in Africa."
3
"The Russian ruble is heavily influenced by oil prices, making it a petrocurrency."
4
"The Canadian dollar is often considered a petrocurrency due to Canada's large oil reserves."
5
"As an oil producer, Kuwait's economy heavily relies on its petrocurrency, the Kuwaiti dinar."
6
"The Algerian dinar is a petrocurrency, driven by the country's substantial oil and gas exports."
7
"Due to its vast oil production, Iraq's economic stability is tied to the performance of its petrocurrency, the Iraqi dinar."
8
"The UAE dirham is closely linked to the oil market, therefore acting as a petrocurrency."
9
"The Norwegian krone is greatly influenced by oil prices, making it a petrocurrency."
10
"With its significant oil reserves, the Mexican peso is often referred to as a petrocurrency."
11
"The Australian dollar, being impacted by oil prices, is sometimes considered a petrocurrency."
12
"The Kazakhstani tenge is affected by oil prices, leading to its classification as a petrocurrency."
13
"Romania's leu is partially influenced by its oil industry, making it a petrocurrency to some extent."
14
"The Bahraini dinar is classified as a petrocurrency due to the crucial role of oil in its economy."
15
"As a significant oil exporter, Colombia's peso is often labeled as a petrocurrency."
16
"The Angolan kwanza is influenced by oil prices, qualifying it as a petrocurrency."
17
"Saudi Arabia's economy is strongly tied to its petrocurrency, the Saudi riyal."
18
"The Iranian rial is a petrocurrency due to the country's heavy reliance on oil revenue."
19
"Venezuela's ongoing economic crisis has severely impacted its petrocurrency, the bolívar."
20
"Despite diversification efforts, the Nigerian naira remains highly influenced by its petrocurrency status."
1
"The country's economy is highly reliant on its petrocurrency."
2
"The petrocurrency of this nation is crucial for its international trade."
3
"The devaluation of the petrocurrency led to an economic crisis."
4
"Investors closely monitor the exchange rate of the petrocurrency."
5
"The government aims to stabilize the petrocurrency with monetary policies."
6
"The petrocurrency is used to purchase oil and gas from international markets."
7
"Due to fluctuations in the global oil prices, the petrocurrency faced instability."
8
"The strength of the petrocurrency impacts the country's purchasing power."
9
"Export revenues from oil contribute directly to the petrocurrency's value."
10
"The central bank implements measures to control inflation in the petrocurrency."
