Devisen
Definition, Meaning & Examples
Pronunciation /dəˈviːzən/ · Part of speech noun
Quick meaning: Devisen is a noun meaning (finance, uncommon) Foreign currency.
Meaning
(finance, uncommon) Foreign currency.
Example Sentences
[…] in February there was a moderate decline in its holdings of devisen, and in March there was a loss of both devisen and gold.
[…] the fall in the value of Hungary’s exports in 1930 had already driven the Government to use up a large proportion of its reserves in gold and devisen.
The central monetary powers were obligated to maintain existing parities and convertibility of their currencies by contracting their domestic money supply and shipping gold if under pressure and by offering credits, intervening on foreign exchange markets, and refraining from liquidating devisen to support other currencies under pressure.
Related Words
Related dictionary entries include valuta, eurocurrency, exchange, xenocurrency, devaluation, cambio.
Related Dictionary Tools
Sources & Attribution
FreeDictionaryAPI.com / Wiktionary · Original source · CC BY-SA 4.0
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