Definition of Currency convertibility - Finance dictionary
Currency convertibility
"Currency convertibility" designates the capacity to convert a given currency into any of the other freely negotiated currencies. The currency is said to be "convertible". The opposite is "currency inconvertibility"; the currency then being "inconvertible".
Currency convertibility
"Currency convertibility" designates the capacity to convert a given currency into any of the other freely negotiated currencies. The currency is said to be "convertible". The opposite is "currency inconvertibility"; the currency then being "inconvertible".
"Currency convertibility" designates the capacity to convert a given currency into any of the other freely negotiated currencies. The currency is said to be "convertible". The opposite is "currency inconvertibility"; the currency then being "inconvertible".