As a result, no one holds currency, which increases the velocity of money, and worsens the crisis.

While rendering it illegal for his citizens to hold currency to a value greater than around US$30, I believe.

But unlike most, it also guarantees to hold enough foreign currency at all times to buy back every bit of the local currency.

Markets cannot thrive if people refuse to hold currency because its value disintegrates in their hands.

Some may also prefer to hold foreign currency rather than change it back if they are expecting to return to where it is used.

The box held currency of large denominations; five-hundred-dollar bills, and thousands.

Individuals with residence permits are permitted to hold foreign currency in Libyan accounts.

It soon became illegal for individuals to hold and exchange foreign currency.

Until 1974, GDR citizens were not allowed to hold foreign currency.

The measures also make it legal, for the first time in three decades, for Cubans to hold and spend foreign currency.