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Cash
(redirected from hard currency)

   Also found in: Dictionary/thesaurus, Financial, Wikipedia, Hutchinson 0.02 sec.
Cash
Johnny. 1932--2003, US country-and-western singer, guitarist, and songwriter. His recordings include the hits "I Walk the Line" (1956), "Ring of Fire" (1963), "A Boy named Sue" (1969), and the American Recordings series of albums (1994--2003)


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The money now regularly surpasses traditional foreign direct investment and long ago left tourism in the dust as a generator of hard currency.
The ability to boost military spending is a fnnction of being 'prosperous,'" continues Hawkins, "and the massive American trade deficit with China gives Beijing the hard currency needed to finance foreign weapon acquisitions--mostly Russian systems designed to attack American targets.
Thus, he explained, the only way for Syrians to obtain hard currency is by exporting Syrian labor to Lebanon.
 
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