greenback : Definition, Usages, News and More
- n a piece of paper money (especially one issued by a central bank)
- Since early March, the greenback has fallen 11% against the euro and 17% against Britain's pound as investors who had sought out the dollar as a safe haven during the worst of the .
- Beijing's rumblings about replacing the greenback with the yuan (also known as the renminbi) as the world's reserve currency are getting louder.
- And although Indonesia's currency, the rupiah, held its ground against the greenback, the blast has eroded business sentiment "just when things were turning around," says Thomas .
- Gideon Gono in The Times
Although all the preparations are in place, the launch is not until next year,Gono said. "Some people have already burnt their fingers by trying to offload the Zimbabwe dollar for the greenback at ridiculous rates. They thought they were...
- Craig James in Melbourne Herald Sun
The greenback continues to fall from favour, the Australian economy is rock solid and China's voracious demand for raw materials continues to boost demand and price for commodities,said Craig James, chief economist at ComSec.
- Liam Halligan in Atlantic Free Press
Sunday Telegraph reporter Liam Halligan stated in "Dollar's Fall Is Now A Bigger Political Issue Than An Economic One" that "The importance of 'dollar divestment' cannot be overstated. At the very least it means the greenback has much further...