austral
aw struhl
- n the basic unit of money in Argentina; equal to 100 centavos
- s of the south or coming from the south
sailed the austral seas
- To maintain the value of the austral, the government vowed that it will no longer simply print money to cover expenses.
- By week's end the austral had been stabilized -- at a value of roughly 36% less against the dollar than a week earlier -- and investment funds rose 40%.
- Among them: a 90-day wage- and-price freeze, a 116% devaluation of the austral to 650 vs.