外国投资者以可自由兑换的货币出资，中国投资者以人民币出资。
The foreign investors shall invest with convertible currencies, and the Chinese investors shall invest with Renminbi.
这里的问题是，人民币在国际市场上不是可自由兑换的货币，所以不能在全球范围内分散风险。
The problem here is that China is not tied into the international financial system with a convertible currency, so it cannot spread risk on a global scale.
国家的货币于1998年确定为可自由兑换马克（BAM），现在定为欧元，波黑的中央银行大幅增加了其资金储备量。
The konvertibilna marka (convertible mark or BAM)- the national currency introduced in 1998 - is now pegged to the euro, and the Central Bank of BH has dramatically increased its reserve holdings.
许多游客也认为古巴旅游费用太高，购买任何东西，都强迫将自己的货币兑换成“可自由兑换的比索”，而这些“比索”离开这个岛便一文不值。
Many tourists also find Cuba expensive. To buy anything they are obliged to change their money into "convertible pesos", which are worthless outside the island.
外汇储备作为国家货币的后盾，必须能够自由兑换——因此可认为是紧急情况下的流动性——而且比较稳定。
As a backstop, reserves need to be easily convertible (so they can be used as an emergency source of liquidity) and a good store of value.
可自由使用货币的概念关注货币的实际国际使用和交易，不能等同于某种货币是否自由浮动或完全可兑换。
The concept of a freely usable currency concerns the actual international use and trading of currencies, and is different from whether a currency is either freely floating or fully convertible.
像其他许多小国家的货币一样，古巴的可自由兑换比索在国外是没什么价值的。
The Cuban convertible peso, like that of many other smaller nations, has no value outside the country.
的确，基金组织的贷款业务实际上是通过可自由使用货币或特别提款权来进行的。在使用特别提款权的情况下，借款国有权将特别提款权兑换成可自由使用货币。
Indeed, IMF lending operations are, in practice, conducted in freely usable currencies or SDRs, and in the latter case, borrowing members have the right to exchange SDRs into freely usable currencies.
美元被“可自由兑换的比索”而取代，人们普遍地称这种新货币为CUC，而且现在的价值为1.08美元。
The dollar was replaced by the "convertible peso" commonly known as a CUC and now valued at $1.08.
第四条外国企业或者个人用于出资的货币应当是可自由兑换的外币，也可以是依法获得的人民币。
Article 4 The money which a foreign enterprise or individuals USES as investment shall be freely convertible foreign currencies, or may be RMB that it or he has lawfully earned.
第四条外国企业或者个人用于出资的货币应当是可自由兑换的外币，也可以是依法获得的人民币。
Article 4 The money which a foreign enterprise or individuals USES as investment shall be freely convertible foreign currencies, or may be RMB that it or he has lawfully earned.
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