remonetization in a sentence
n.
📚 Grade Level: Grade 11, Grade 12
Definition
Remonetization is the process of restoring or reintroducing a currency as a legal tender after it has been devalued or replaced.
Crossword clues for remonetization
Crossword clue ideas and answer hints for the word "remonetization".
- Restoring currency as legal tender again.
- Reintroducing a currency after devaluation.
- Making a currency valid for transactions once more.
- Bringing back a currency to official status.
- Reviving the use of a devalued currency.
Remonetization sentence examples
- Remonetization of the local currency helped stabilize the economy after years of inflation.
- The government's plan for remonetization was met with both support and skepticism from the public.
- Experts suggest that remonetization could restore confidence in the financial system.
- In countries facing severe economic crises, remonetization often becomes a necessary strategy.
- The central bank's remonetization efforts included introducing new banknotes to replace the outdated ones.