freely convertible currency definition

freely convertible currency means a currency which is widely traded in international foreign exchange markets and widely used in international transactions.
freely convertible currency means the currency that is widely used to make payments for international transactions and widely exchanged in principal international exchange markets.
freely convertible currency means:

More Definitions of freely convertible currency

freely convertible currency term means any currency that the International Monetary Fund from time to time is defined as a freely convertible currency, according to the International Monetary Fund for the record of the articles and amendments thereto.
freely convertible currency means any currency determined as such by the International Monetary Fund;
freely convertible currency means “freely usable currency” as determined by the International Monetary Fund under its Articles of Agreement.
freely convertible currency means a currency that can be freely exchanged against currencies that are widely traded in international foreign exchange markets and widely used in international transactions;
freely convertible currency means any currency designated as such by the Bank of Namibia established by section 2 of the Bank of Namibia Act, 1997 (Act No. 15 of 1997);
freely convertible currency means a currency which is freely negotiable and transferable in international exchange markets;
freely convertible currency means a fully and freely convertible currency as identified by the International Monetary Fund or a currency that is widely traded in international foreign exchange markets;