Currency example sentences

Associated with every domain is a data type such as Number, Text, Currency, Date/Time, etc.At the same time investors in country B will also find investing in their own country more attractive and will therefore demand less of country A's currency.This might amount to an even larger devaluation than would have been required before the speculative 'attack' on the domestic currency began.Since the supplier in the context of an import transaction resides in a foreign country, he/she demands payment in a foreign currency.It derives its strength from IMF members being willing to use it as a reserve currency and use it as a means of payment between central banks to exchange for national currencies.Each of these possessed its own currency, and weights and measures.Alternatively, its data type can be chosen as currency type, in that case its format can be either accepted as currency or set to standard with decimal places set to This column of the table stores the date of transaction.Conversely, a currency appreciation would reduce net exports and, therefore, decrease aggregate demand.Apart from currency notes and coins, the balance in savings, or current account deposits, held by the public in commercial banks is also considered money since cheques drawn on these accounts are used to settle transactions.At that time, the US dollar was the main component in the currency reserves of the rest of the world, and those reserves had been expanding as a consequence of the US running a continued balance of payments deficit (other countries were willing to hold those dollars as a reserve asset because they were committed to maintain convertibility between their currency and the dollar).Since a country interacts with many countries, we may want to see the movement of the domestic currency relative to all other currencies in a single number rather than by looking at bilateral rates.Exchange rates were determined by its worth in terms of gold (where the currency was made of gold, its actual gold content).Modern forms of money include currency — paper notes and coins.The bank, in turn, will submit this foreign currency to RBI and its deposits with RBI will be credited with equivalent sum of money.The practice in economic literature, however, is to use the former definition – as the price of foreign currency in terms of domestic currency.

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