🔤 Dollarising ✨
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URDU
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Roman Urdu:
dollar mein badalna, dollar ka istemal karna, dollar ko apnana
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ENGLISH
📚verb
dollarising
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PRONUNCIATION
Standard: /ˈdɒləraɪzɪŋ/
Phonetic: /dol ur ry zing/
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DEFINITION
converting a countrys currency to US dollars, adopting the dollar as currency, dollarizing
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EXAMPLE SENTENCES
The government is dollarising the economy to control rampant inflation.
Several small nations have considered dollarising their financial systems.
Dollarising the currency can reduce exchange rate volatility but limits monetary policy.
Critics argue that dollarising sacrifices economic sovereignty for stability.
The central bank is slowly dollarising transactions in key sectors.
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