dollarization

listen to the pronunciation of dollarization
İngilizce - Türkçe
dolarizasyon
İngilizce - İngilizce
The process of a country adopting the US dollar as its primary currency

Making dollarisation work requires structural reform, something President Noboa has failed to achieve. Ecuador's businesses are struggling against high costs. The public finances face a shortfall. A new agreement with the IMF has proved elusive. Neither candidate says he would scrap the dollar, but neither says much about reform.

{i} use of U.S. dollars by a country as its official currency (also dollarisation)
a situation in which countries outside the US want to use the dollar rather than their own country's money

İlgili Terimler

dollarize
(Ticaret) The conversion of real or projected order and inventory unit data to dollars based on standard cost, list price, average selling price or other methods