View example sentences, synonyms and word forms for Greenback.
Greenback meaning
Any bill that is legal tender in the US (originally printed with green and black ink) issued by the Federal Reserve. | The United States dollar. | A unit of American currency issued during the Civil War by the Treasury Department.
Synonyms of Greenback
Example sentences (20)
W.H.T. Wakefield of Kansas was nominated for vice-president over Victor H. Wilder of New York by a margin of 50–12. citation Greenback Party The Greenback Party was in decline throughout the entire Cleveland administration.
According to ING Bank, the US dollar remained relatively strong despite unspectacular economic data because the foreign exchange markets found no better alternative to the greenback.
A consolidative tone has emerged, and the greenback has traded down to almost CAD1.3720.
And importers have to buy the greenback using BDT to make payments for imports.
As Paul Keating would say, the pet-shop galahs are all talking about “de-dollarisation” – that is, the demise of the greenback as the world’s reserve currency.
Brazil and China recently struck a deal to settle trade in their local currencies, seeking to bypass the greenback in the process.
But while the dominance of the dollar has wavered slightly in recent months as rivals try to muscle in, the greenback is unlikely to be displaced as the world's dominant reserve currency, experts say.
Currently, for instance, the Kenya shilling trades at a historic low of Sh127.17 against the greenback.
Imagine a parent has to shell out ₹82 to get a greenback.
Pakistani rupee gained strength against the US dollar as the greenback was being traded at 273.33 rupees in the interbank on Wednesday, according to the State Bank of Pakistan.
The dollar index, which gauges the greenback's strength against a basket of six currencies, fell 0.26 per cent to 102.59.
The dollar index, which measures the greenback against its major peers, is down 0.28% at 106.17.
The dollar index, which measures the greenback against six other currencies, fell 0.45 per cent as commodities currencies like the Australian dollar gained and the euro rose on the positive French and German inflation data.
The greenback has gained support from the recent slew of U.S. economic data, which suggest that interest rates will remain high for some time.
The greenback rose against all the major currencies last week with the one exceptions of the a small fall vs the GBP.
The lira has lost over 70% of its value against the US dollar since the beginning of 2022 and has hit new record lows against the greenback since the start of March.
The US dollar index, which gauges the greenback’s strength against a basket of six currencies, declined 0.35 per cent to 101.65 amid concerns over US economic growth.
This makes the task of fighting inflation harder in emerging markets, while at the same time adversely impacting individual countries' balance of payments as they have more exposure to the greenback compared to more developed markets.
When you pull up the dialog, it is best to see an icon with a greenback signal on the backside of your display.
While the U.S. dollar index is rising, it only measures the greenback against other reserve fiat currencies.