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hard currency

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hard currency

Currency commonly accepted across the world. Hard currencies are usually those of the Western industrialized nations. US dollars and UK pounds sterling are two of the most popular hard currencies. Retailers in countries with soft currencies often prefer to take hard currency, instead of their national currency, in exchange for goods and services.



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? Mentioned in ? References in periodicals archive
 
Serbia's July hard currency reserves rose by 300 million euros ($428.
Serbia : Serbia s July fx reserves rise to $12.9 bn by TendersInfo
President Robert Mugabe has called for the return of the Zimdollar as legal tender, complaining that most Zimbabweans lack the hard currency needed to buy basic goods.
The "Zimdollar:" Dead, but still used for bus fare by ANGUS SHAW / AP News
Let me tell you, this is great," said Alexis, an employee of a state-run Havana hard currency store who declined to give his full name, as his girlfriend returned from the bar with more "mojito" cocktails -- a tropical mix of lime juice, Cuban rum, and mint leaves.
After long ban, some Cubans sample tourism luxury by Esteban Israel / Reuters Life! Online Report
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