Such "currency inconvertibility insurance" could regain popularity as companies worry about emerging markets imposing foreign-exchange controls, Edith P. ❋ Chana R. Schoenberger (2011)
The business of insuring foreign investors against sovereign acts like expropriation, change in law, currency inconvertibility and war-so-called "political risk insurance" - is not new. ❋ Unknown (2000)
With OPIC approval, EDI planned to purchase insurance covering political risks due to currency inconvertibility, war, revolution, insurrection, and expropriation. ❋ James E. Austin (2000)
Thus, dollar inconvertibility into gold came internationally some 37 years after President Roosevelt suspended domestic dollar convertibility in 1933. ❋ Unknown (1971)
Similarly, who, in 1948, when rigid exchange controls and inconvertibility of currencies prevailed almost around the world, would have believed that the international money market could possibly be as fluid and free as it is now in 1962. ❋ Unknown (1962)
There is also some inconvertibility within the sterling area between the British pound and for example the Australian, since imports have still to be limited for balance of payments reasons. ❋ Unknown (1955)
Now we realize that tariffs are only a minor factor under present chaotic conditions of world trade and finance which is bedevilled by managed currencies, competitive currency devaluations, arbitrary and discriminatory exchange controls, inconvertibility of currencies, discriminatory export and import quotas, customs regulations and other devices too numerous to mention. ❋ Unknown (1954)
On examining the results, it will be found that the cause of its ending is the inconvertibility of O. ❋ Carveth Read (1889)
With the inconvertibility of these bonds, they cannot reduce the annual budget deficit; they can only be defaulted upon to reduce the national debt by that 2.6 trillion dollars. ❋ Unknown (2010)
ECOWAS: Stakeholders react to the challenge of multiple inconvertible currencies currencies in use within ECOWAS countries and their apparent inconvertibility pose a major challenge to formal intra-regional ❋ Unknown (2010)
A six-month debt-service reserve account, coupled with a six-month letter of credit (LOC) provided by Credit Suisse (CS, acting through its Cayman Islands branch), helps protect against a potential currency inconvertibility / non-transfer event. ❋ Unknown (2009)
"Currency or inconvertibility" insurance compensates investors if they cannot convert local currency into hard currency and transfer it outside the host country. ❋ Unknown (2009)
A conservative fiscal policy since 1991, including inconvertibility of the national currency, the som, has shielded its citizens from the hyperinflation that ravaged other former Soviet republics, but the policy previously diminished potential foreign investment. ❋ Unknown (2009)
They’re an intrinsic result of unpredicted change, together with the inconvertibility of capital. ❋ Unknown (2009)
If any one does not confess that the Word was made flesh, and the inconvertibility of the divine nature having been preserved, and from the moment of conception in the womb of the virgin united according to subsistence [hypostatically] human nature to Himself, but as with a man already existing; so that, accordingly, the holy Virgin is not to be believed to be truly the bearer of God, but is called so only in word, let him be anathema. ❋ Joseph Cullen Ayer (1905)
