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Pronunciation varies by accent · verb
(intransitive) To undergo dollarization; to start using the dollar as currency..
To dollarize its economy, Argentina would need to exchange all pesos held by its people and businesses for US dollars, and assign a dollar value to all of its assets and contracts. […] Economists at Capital Economics wrote in an August note that dollarized countries El Salvador, Panama and Ecuador show “markedly lower inflation than elsewhere in the region.”
That trust lies in right-wing libertarian President Javier Milei, who came to office last December on a promise of turning Argentina’s economy around by drastically reducing government payouts, slashing the size of the state, and dollarizing the economy.
Use dollarize when its meaning, tone and grammar fit the full sentence. A synonym is not always a direct replacement.
Dollarize means (intransitive) To undergo dollarization; to start using the dollar as currency..
The closest synonym depends on the sentence and intended sense.
The opposite depends on the specific sense.
To dollarize its economy, Argentina would need to exchange all pesos held by its people and businesses for US dollars, and assign a dollar value to all of its assets and contracts. […] Economists at Capital Economics wrote in an August note that dollarized countries El Salvador, Panama and Ecuador show “markedly lower inflation than elsewhere in the region.”
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