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Page "Economy of Bulgaria" ¶ 2
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Some Related Sentences

currency and country
For example, a fund may see that there is a substantial difference between U. S. dollar debt and local currency debt of a foreign country, and enter into a series of matching trades ( including currency swaps ) to arbitrage the difference, while simultaneously entering into credit default swaps to protect against country risk and other types of specific risk.
He stated his belief that these trade deficits were not necessarily harmful to the economy at the time since the currency comes back to the country ( country A sells to country B, country B sells to country C who buys from country A, but the trade deficit only includes A and B ).
In his view, the " worst case scenario " of the currency never returning to the country of origin was actually the best possible outcome: the country actually purchased its goods by exchanging them for pieces of cheaply made paper.
In reality the housing was inferior with poor heat and plumbing, the medical care often lacking even in availability of antibiotics, schools were propaganda machines and travel was a necessity to provide the country with hard currency.
On 1 January 2008, the country entered the eurozone and adopted the euro as its official currency, replacing the Cypriot pound at an irrevocable fixed exchange rate of CYP 0. 585274 per EUR 1. 00.
No country anywhere in the world today has an enforceable gold standard or silver standard currency system.
To find out which currency is used in a particular country, check list of circulating currencies.
In general, the three-letter code uses the ISO 3166-1 country code for the first two letters and the first letter of the name of the currency ( D for dollar, for instance ) as the third letter.
It is also possible for a currency to be internet-based and digital, for instance, a Bitcoin, the Ripple Pay system or Mintchip, and not tied to any specific country.
In most cases, a central bank has monopoly control over emission of coins and banknotes ( fiat money ) for its own area of circulation ( a country or group of countries ); it regulates the production of currency by banks ( credit ) through monetary policy.
In cases where a country does have control of its own currency, that control is exercised either by a central bank or by a Ministry of Finance.
By contrast, several countries can also use the same currency ( for example, the euro ), or one country can declare the currency of another country to be legal tender.

currency and is
In the event that agreement is not reached on the use of the rupees for grant or loan purposes within six years from the date of this Agreement, the Government of the United States of America may use the local currency for any purposes authorized by Section 104 of the Act.
It is agreed that any goods delivered or services rendered after the date of this agreement for projects within categories A, B, and C under paragraph 2 above which may later be approved by the United States will be eligible for financing from currency granted or loaned to the Government of India.
While the term " Afghani " is typically used in reference to the unit of Afghan currency, some use the term to indicate a person or thing of, from, or related to Afghanistan, e. g., a citizen of Afghanistan.
Most abacá fiber is pulped and processed into specialty paper used in tea bags, vacuum bags, currency, and more.
In principle and in academic use, an arbitrage is risk-free ; in common use, as in statistical arbitrage, it may refer to expected profit, though losses may occur, and in practice, there are always risks in arbitrage, some minor ( such as fluctuation of prices decreasing profit margins ), some major ( such as devaluation of a currency or derivative ).
* Nickel brass is composed of 70 % copper, 24. 5 % zinc and 5. 5 % nickel used to make pound coins in the pound sterling currency.
The lev is the strongest and most stable currency in Eastern Europe.
Braille is a tactile writing system used by the blind and the visually impaired, and found in books, on menus, signs, elevator buttons, and currency.
Glucose is mainly metabolized by a very important ten-step pathway called glycolysis, the net result of which is to break down one molecule of glucose into two molecules of pyruvate ; this also produces a net two molecules of ATP, the energy currency of cells, along with two reducing equivalents in the form of converting NAD < sup >+</ sup > to NADH.
To make up for a lack of hard currency, Thailand's township, Amphoe Kut Chum, once issued its own local scrip called Bia Kut Chum: Bia is Thai for cowry shell, was once Baht, and is still current in metaphorical expressions.
NATE's currency is the known as the BANC and IRTA's currency is called Universal Currency ( UC ).
This is likely to have exchange rate implications: a sharp loss of value in the deficit economy ’ s exchange rate with the surplus economy ’ s currency will change the relative price of tradable goods, and facilitate a return to balance or ( more likely ) an over-shooting into surplus the other direction.
In the real world, a potential difficulty is that currency markets are far from a free market, with government and central banks being major players, and this is unlikely to change within the foreseeable future.
Coin collecting can be differentiated from numismatics in that the latter is the systematic study of currency.
This is perhaps one of the most practical ways to collect a national currency since probably the majority of coin reference books and coin albums catalogue in the same manner.
Although all administrative links with Jamaica were broken in 1962, the Cayman Islands and Jamaica continue to share many links and experiences, including membership in the Commonwealth of Nations ( and Commonwealth citizenship ) and a common united church ( the United Church in Jamaica and the Cayman Islands ) and Anglican diocese ( although there is debate about this ) as well as a common currency ( until 1972 ).

currency and lev
The lev (, plural: ) is the currency of Bulgaria.
The lev was introduced as Bulgaria's currency in 1881 with a value equal to the French franc.
The ISO 4217 currency code for the new Bulgarian lev is < tt > BGN </ tt >.
The currency was no longer backed by gold and silver, this was made evident by the banknotes losing the text stating the lev was backed by gold or bank assets.
* BGN, ISO 4217 currency code of the Bulgarian lev, the currency of Bulgaria
* Bulgarian lev, the old ISO 4217 currency code for the currency of Bulgaria ( replaced by BGN in 1999 )
In Bulgaria, the grosh ( Cyrillic: грош ) was used as a currency until the lev was introduced in the 19th century.

currency and plural
In 1980, Lesotho introduced its own currency, the loti ( plural: maloti ).
Swaziland issues its own currency, the lilangeni ( plural: emalangeni ), which is at par with the South African rand.
The classical plural is placentae, but the form placentas is common in modern English and probably has the wider currency at present.
The króna ( plural krónur ) ( sign: kr ; code: ISK ) is the currency of Iceland.
reis-the plural of rei, a currency unit of Portugal and Brazil,
The new currency was based on the riksdaler subdivided into 48 skilling ( worth two old öre, sometimes spelled schilling with the plural schillingar ), with each skilling further subdivided into 16 runstycken.
The ruble or rouble (, plural rubli ; see note on English spelling and Russian plurals with numbers ) ( code: RUB ) is the currency of the Russian Federation and the two partially recognized republics of Abkhazia and South Ossetia.
The lats ( plural: lati, ISO 4217 currency code: LVL or 428 ) is the currency of Latvia.
The lek (; plural lekë ) ( sign: L ; code: ALL ) is the official currency of Albania.
Also, people still referred to escudos at the time of the changeover in multiples of the older currency real ( plural reis ).
The Malaysian ringgit ( plural: ringgit ; currency code MYR ; formerly the Malaysian dollar ) is the currency of Malaysia.
; plural: bolívares fuertes ; ISO 4217 code: VEF ) is the currency of Venezuela since 1 January 2008.
The denar ( plural: denari, Macedonian: денар and денари, denar and denari, ISO 4217 code: MKD, the three-digit identifier is 807 ) is the currency of the Republic of Macedonia.
It is the only circulating currency other than the Malagasy ariary whose division units are not based on a power of ten, each ouguiya comprising five khoums ( singular and plural in English,, meaning " one fifth ").
** Brazilian réis, the plural ( and more common ) style of a former currency of Brazil
The dinar ( genitive plural: dinara, Serbian: динар, dinar, динара, dinara, ) is the currency of Serbia.
The lilangeni ( plural: emalangeni, ISO 4217 code: SZL ) is the currency of Swaziland and is subdivided into 100 cents.
The Lithuanian litas ( ISO currency code LTL, symbolized as Lt ; plural litai or litų ) is the currency of Lithuania.
The lira (, plural: liri, ISO 4217 code: MTL ) was the currency of Malta from 1972 until 31 December 2007.
The pound, also known as the lira ( / plural λίρες and Turkish: lira, from the Latin libra through the Italian lira ), was the currency of Cyprus, including the Sovereign Base Areas in Akrotiri and Dhekelia, until 31 December 2007, when the Republic of Cyprus ( and Malta ) adopted the euro.

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