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Meaning of dollarization

Source language: EnglishDictionary language: English

dollarization

noun

Definitions

  1. The process of a country, officially, or its residents, unofficially, adopting the US dollar or other foreign currency in parallel to or instead of the domestic currency.

Sources:https://en.wiktionary.org/wiki/dollarization

Related words

devaluationus dollardollar democracymonetarizationbretton woodsforeign exchangecurrency interventiondollar store