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non-convertible currency

From Longman Business Dictionarynon-convertible currencyˌnon-conˌvertible ˈcurrency (also inconvertible currency) [countable, uncountable]FINANCE a currency that cannot be exchanged for other currenciesThere is no guarantee that earnings in the local, non-convertible currency, the Dong, can be exchanged for hard currency. currency
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