Finans
Sert doviz
İngilizce: hard currency
Türkçe Tanım
Guclu bir ekonomiye ve saglikli para politikasina sahip ulkeler tarafindan ihrac edilen, kuresel olarak kabul goren, istikrarli ve serbestce konvertibl para birimidir. Sert dovizler, dusuk deger kaybi riski tasidiklari icin uluslararasi ticaret ve proje finansmaninda tercih edilir. Gelismekte olan ulkelerdeki kredi anlasmalari, kredi verenleri yerel para birimi deger kayibindan korumak icin siklikla sert doviz cinsinden duzenlenir.
English Definition
A globally accepted, stable, and freely convertible currency issued by a country with a strong economy and sound monetary policy, such as the US dollar, euro, or British pound. Hard currencies are preferred in international trade and project finance because they carry lower devaluation risk. Loan agreements in emerging markets frequently denominate obligations in hard currency to protect lenders against local currency depreciation.