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词汇 domestic-currency
释义 domestic currency
noun[ C or U ]
 MONEYukus(alsolocal currency)
the currency that is used in someone's own country:
The primary goal for monetary policy is keeping the value of the domestic currency stable.
A stronger currency typically reduces the price of imports in domestic currency terms.
Compare
foreign currency

Examples of domestic currency


domestic currency
In practice, government bonds are treated as risk-free bonds, as governments can raise taxes or indeed print money to repay their domesticcurrency debt.
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However, in some cases, intervention has also been aimed at avoiding quick appreciations of domesticcurrency.
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If a central bank runs out of domesticcurrency to buy foreign reserves, it can always print more.
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First, the central bank conducts a nonsterilized intervention by buying (selling) foreign currency bonds using domesticcurrency that it issues.
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Non-sterilization will cause an expansion or contraction in the amount of domesticcurrency in circulation, and hence directly affect inflation and monetary policy.
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Wikipedia

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The domesticcurrency remains perpetually exchangeable for the reserve currency at the fixed exchange rate.
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Wikipedia

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At the beginning of this process, the store-of-value function of the domesticcurrency is replaced by the foreign currency.
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When adopting a foreign currency as legal tender, a monetary authority needs to withdraw the domesticcurrency and give up future seigniorage revenue.
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The situation that most developing countries are not able to borrow abroad in their domestic currency is referred to original sin in economics literature.
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Yet often the returns of the borrower's project will be in the domesticcurrency.
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Wikipedia

This example is from Wikipedia and may be reused under a CC BY-SA license.
These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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