Definitions
There are 2 meanings of the phrase
Hard Currency.
Hard Currency - as a noun
A currency that is not likely to depreciate suddenly in value
Example: "The countries agreed to conduct their bilateral trade in hard currency, replacing previous barter arrangements"
Example Sentences
"Many foreign investors prefer to hold hard currency instead of the local currency."
"Tourists are advised to convert their money into hard currency before traveling to remote areas."
"Some countries impose restrictions on the amount of hard currency that can be taken out of the country."
"The central bank maintains a significant reserve of hard currency to stabilize the exchange rate."
"Investing in hard currency can be seen as a safe haven during times of economic uncertainty."
