Foreign Currency

Dollarization
The use by a country of a foreign currency (often the dollar) in parallel with, or as an alternative to, the domestic currency.
Drawing Rights
The right of IMF members to acquire foreign currency from the IMF in exchange for their own currency.
Exchange Rate Bands
Limits to variations in exchange rates when a country commits itself to hold the exchange rate between its own currency and some foreign currency or currencies within a limited band.
Foreign Currency-Denominated Borrowing
An in-depth examination of borrowing denominated in a foreign currency, its motivations, implications, and effects on economic stability.
Import Deposit
A requirement to place a blocked deposit in advance with the central bank as the condition for obtaining foreign currency to pay for imports.