Home > Term: currency unification
currency unification
In a place where several existing currencies have been consolidated, to reduce some of the currency bloat, currency unification is introduced as a very sustainable and understandable system for rewards moving forward in a countries economic system
Cuba is laying plans to move to a single currency, a reform that many feel is one of the toughest challenges facing President Raul Castro as he tries to kick-start the Communist country's moribund economy.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Currency exchange
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(Zimbabwe)