Crossword Solver > found answer > DOLLARIZED

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dollarized

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Possible Dictionary Clues
Simple past tense and past participle of dollarize.
The process of aligning a country's currency with the US dollar.

Dollarized might refer to
Currency substitution, dollarization, or elminting (from el-, meaning foreign) is the use of a foreign currency in parallel to or instead of the domestic currency.Currency substitution can be full or partial. Most, if not all, full currency substitution has taken place after a major economic crisis, for example, Ecuador and El Salvador in Latin America and Zimbabwe in Africa. * Partial currency substitution occurs when residents of a country choose to hold a significant share of their financial assets denominated in a foreign currency. It can also occur as a gradual conversion to full currency substitution, for example, Argentina and Peru were both in the process of converting to the U.S. dollar during the 1990s.

Dollarized might refer to

Currency substitution, dollarization, or elminting (from el-, meaning foreign) is the use of a foreign currency in parallel to or instead of the domestic currency.Currency substitution can be full or partial. Most, if not all, full currency substitution has taken place after a major economic crisis, for example, Ecuador and El Salvador in Latin America and Zimbabwe in Africa.
* Partial currency substitution occurs when residents of a country choose to hold a significant share of their financial assets denominated in a foreign currency. It can also occur as a gradual conversion to full currency substitution, for example, Argentina and Peru were both in the process of converting to the U.S. dollar during the 1990s.

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