Convertibility is a jawbreaker with a simple meaning. With convertible currency a man who earns money in foreign trade can change it into any other currency, spend it where he likes, without any ...

Two years ago, Britain’s Chancellor of the Exchequer Richard A. Butler said he was planning to free the pound sterling and open the way to convertibility of currency among the Western nations ...

By Rebecca Howard And James Glynn Updated May 26, 2013 9:36 amET Share ...

Professor Robert Mundell urges gold convertibility for the euro, the currency which he fathered, as well as for the dollar. This is a major step forward. Thought leaders are abandoning "old ...

It is not necessary to have convertibility to have a gold standard system. A currency manager (central bank) can maintain the value of its currency at a gold parity without this feature ...

Reforms do not necessarily mean free-floating yuan, says PBOC chief Central bank chief Zhou Xiaochuan said on Monday that the country's goal to achieve the yuan's capital account convertibility ...

“For the central bank, I think the next movement related to the yuan is going to be reform of convertibility,” Zhou Xiaochuan said at a conference in Beijing on Nov. 17.

MUMBAI–India will take a gradual path to achieving full capital account convertibility by calibrating its steps to domestic and global developments, its central bank governor said Monday. "Our ...