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NOTE: CURRENCIES

unit of money in a country change/convert sth into/to ~ I want to change 100 dollars into euros.

buy, sell ~ The bank will sell you one Russian rouble for 4.14 Japanese yen.

Many of the collocates of MONEY (for example make, spend) can also be used with currencies: The country spends millions of dollars on overseas aid every year.

50-, 100-, etc. ~ coin/note a pound coin

50-, 100-, etc. dollar bill for a ~ How many dinars will I get for a dollar?

in (the) ~ The contract is denominated in euros. a tax of 30p in the pound

~ for ~ The company promises to match any money the charity makes dollar for dollar.

~'s worth of sth a million pound's worth of books

value of a currency compared with others high, rising, strong ~ Business should benefit from a stronger euro.

falling, low, weak ~ The yen gained 10 points against a weak dollar.

over-valued ~ Research suggests that the pound is over-valued.

float ~ The UK floated sterling in June 1972.

devalue ~ The Fiji dollar may have to be devalued.

defend, prop up, protect, shore up, support ~ She dismissed suggestions that the central bank would intervene to prop up the euro.

~ be worth sth One Saudi Arabian riyal is worth approximately 0.27 US dollars.

~ strengthen The peso strengthened on the foreign exchanges.

~ come under pressure The pound came under pressure against the dollar.

~ close, open The pound closed yesterday at 1.4130 dollars.

~ be fixed/pegged to Many emerging countries have their currencies pegged to the dollar.

~ value The dollar value of the stock rose to $11.5 billion.

~ terms The rise in government spending was equivalent to only 9% in dollar terms.

~ exchange rate All prices are based on the South African rand exchange rate.

~ traveller's cheques sterling traveller's cheques

~ equivalent She was paid the dollar equivalent of £10 000.

against the ~ The yen has strengthened against the pound.

to the ~ How many dollars are there to the pound?

depreciation/devaluation/reflation of the ~ the devaluation of the peso in 1994

a run on the ~ The government increased interest rates to avoid a run on the rouble

(= sudden large buying of the currency). the value of the ~ a rise in the value of the euro

> See also the note at PER CENT