Although the governments of Slovakia and the Czech Republic had envisaged retaining the koruna as a common currency at least in the short run, the two countries ended the currency union in February 1993.
Trade with the other former Soviet republics continued to decline, and support for the ruble as a common currency eroded in the face of Moscow's loose monetary policies and rapidly rising prices throughout the region.
Although the governments of the Czech Republic and Slovakia had envisaged retaining the koruna as a common currency, at least in the short term, the two countries ended the currency union in February 1993.
The 1992 Treaty of Maastricht laid the basis for further forms of cooperation in foreign and defense policy, in judicial and internal affairs, and in the creation of an economic and monetary union - including a common currency.
What is called bank money, is always of more value than the same nominal sum of common currency.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "common currency" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
