Foreign shareholders shall invest with free convertible currencies.

境外股东应当以自由兑换货币出资。

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Foreign investors shall pay the transfer price in freely convertible currencies.

外商应当以自由兑换货币支付转让价款。

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The contribution of foreign insurance companies shall be made in freely convertible currencies.

外国保险公司的出资，应当为自由兑换货币。

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Such "beggar-thy-neighbour" policies might leave convertible currencies such as the dollar, euro and pound painfully overvalued.

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Under the command economy it was one of the very few companies that regularly did business with the West and thus had access to convertible currencies.

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Then, the convention was that currencies were freely convertible not to gold but to other currencies that were themselves theoretically convertible to gold (read: the dollar and sometimes the pound).

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