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petrocurrency

Meaning of "petrocurrency" in the English dictionary

DICTIONARY

PRONUNCIATION OF PETROCURRENCY

ˈpɛtrəʊˌkʌrənsɪ


GRAMMATICAL CATEGORY OF PETROCURRENCY

noun
adjective
verb
adverb
pronoun
preposition
conjunction
determiner
exclamation
Petrocurrency is a noun.
A noun is a type of word the meaning of which determines reality. Nouns provide the names for all things: people, objects, sensations, feelings, etc.

WHAT DOES PETROCURRENCY MEAN IN ENGLISH?

Petrocurrency

Petrocurrency is a portmanteau neologism used with three distinct meanings, though often confused: ▪ Trading surpluses of oil producing nations, originally called petrodollars ▪ Currencies of oil producing nations which tend to rise in value against other currencies when the price of oil rises. ▪ Currencies used as a unit of account to price oil in the international market.

Definition of petrocurrency in the English dictionary

The first definition of petrocurrency in the dictionary is money, paid in dollars, earned by a country for the exporting of petroleum. Other definition of petrocurrency is currencies of oil producing nations which tend to rise or fall in value against other currencies when the price of oil rises or falls. Petrocurrency is also currencies used as a unit of account for pricing oil in the international market.

WORDS THAT RHYME WITH PETROCURRENCY

aberrancy · abhorrency · belligerency · coherency · concurrency · currency · decurrency · errancy · eurocurrency · exuberancy · fragrancy · incoherency · inerrancy · itinerancy · multicurrency · protuberancy · recurrency · transparency · vagrancy · vibrancy

WORDS THAT BEGIN LIKE PETROCURRENCY

petrochemical · petrochemically · petrochemicals · petrochemist · petrochemistry · petrodollar · petrodollars · petrog. · petrogenesis · petrogenetic · petrogeny · petroglyph · petroglyphic · petroglyphy · Petrograd · petrogram · petrographer · petrographic · petrographical · petrographically

WORDS THAT END LIKE PETROCURRENCY

agency · blocked currency · common currency · decimal currency · differency · floating currency · foreign currency · fractional currency · green currency · hard currency · indifferency · legal currency · managed currency · nonbelligerency · paper currency · reserve currency · restricted currency · single currency · single European currency · soft currency · vicegerency

Synonyms and antonyms of petrocurrency in the English dictionary of synonyms

SYNONYMS

Translation of «petrocurrency» into 25 languages

TRANSLATOR

TRANSLATION OF PETROCURRENCY

Find out the translation of petrocurrency to 25 languages with our English multilingual translator.

The translations of petrocurrency from English to other languages presented in this section have been obtained through automatic statistical translation; where the essential translation unit is the word «petrocurrency» in English.
zh

Translator English - Chinese

petrocurrency
1,325 millions of speakers
es

Translator English - Spanish

petromoneda
570 millions of speakers
en

English

petrocurrency
510 millions of speakers
hi

Translator English - Hindi

petrocurrency
380 millions of speakers
ar

Translator English - Arabic

petrocurrency
280 millions of speakers
ru

Translator English - Russian

Нефтевалюта
278 millions of speakers
pt

Translator English - Portuguese

petrocurrency
270 millions of speakers
bn

Translator English - Bengali

petrocurrency
260 millions of speakers
fr

Translator English - French

pétromonnaie
220 millions of speakers
ms

Translator English - Malay

Petrocurrency
190 millions of speakers
de

Translator English - German

petrocurrency
180 millions of speakers
ja

Translator English - Japanese

petrocurrency
130 millions of speakers
ko

Translator English - Korean

petrocurrency
85 millions of speakers
jv

Translator English - Javanese

Petrocurrency
85 millions of speakers
vi

Translator English - Vietnamese

petrocurrency
80 millions of speakers
ta

Translator English - Tamil

petrocurrency
75 millions of speakers
mr

Translator English - Marathi

पेट्रोलोक्रूज
75 millions of speakers
tr

Translator English - Turkish

petrocurrency
70 millions of speakers
it

Translator English - Italian

petrocurrency
65 millions of speakers
pl

Translator English - Polish

petrocurrency
50 millions of speakers
uk

Translator English - Ukrainian

Нефтевалюта
40 millions of speakers
ro

Translator English - Romanian

petrocurrency
30 millions of speakers
el

Translator English - Greek

petrocurrency
15 millions of speakers
af

Translator English - Afrikaans

petrocurrency
14 millions of speakers
sv

Translator English - Swedish

petrocurrency
10 millions of speakers
no

Translator English - Norwegian

petrocurrency
5 millions of speakers

Trends of use of petrocurrency

TRENDS

TENDENCIES OF USE OF THE TERM «PETROCURRENCY»

Principal search tendencies and common uses of petrocurrency
List of principal searches undertaken by users to access our English online dictionary and most widely used expressions with the word «petrocurrency».

Examples of use in the English literature, quotes and news about petrocurrency

EXAMPLES

10 ENGLISH BOOKS RELATING TO «PETROCURRENCY»

Discover the use of petrocurrency in the following bibliographical selection. Books relating to petrocurrency and brief extracts from same to provide context of its use in English literature.
1
Dictionary of International Investment and Finance Terms
PET Abbreviation of potentially exempt transfer. petrocurrency Money (usually US dollars) paid to the exporters of petroleum in exchange for their product. After the OPEC countries markedly increased prices, the amount of petrocurrency in ...
John Owen Edward Clark, 2001
2
Dictionary of International Economics Terms
countries that have a history of high inflation. petrocurrency Money (usually US dollars) paid to the exporters of petroleum in exchange for their product. After the OPEC countries markedly increased prices, the amount of petrocurrency in ...
John Owen Edward Clark, 2006
3
Policy-Making in the Treasury: Explaining Britain’s Chosen ...
But the dominant factors back then were the significant differences between the pound and other currencies already in the ERM (i.e. the pound was an international currency and a petrocurrency). The paper argued that some of these reasons ...
Matthew Smith, 2014
4
The Decline of Sterling: Managing the Retreat of an ...
By this time, however, sterling's international role was no longer a preoccupation; its reserve role had ended and its commercial resurgence as a petrocurrency had been short-lived. The impact of movements in the exchange rate on the ...
Catherine R. Schenk, 2010
5
Paying for the Piper: Capital and Labour in Britain's ...
Now, in 1977 and 1978, a petrocurrency pound was within sight. Added to global competitive pressures, a strong and relatively permanent appreciation of sterling could lead to a radical decline in industrial exports and investment. The force of ...
Charles Woolfson, John Foster, Matthais Beck, 2013
6
On Gandhi's Path: Bob Swann's Work for Peace and Community ...
Bob's extant and as-yetuncollected writings from the latter half of the 1970s delved into monetary issue (“Energy, PetroCurrency and the World's Future;”27 “ A World Currency Based on Community Land Trust Resources;”28 and “Proposal for a ...
Stephanie Mills, 2013
7
Articles on Petroleum Economics and Industry, Including: ...
Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online.
Hephaestus Books, 2011
8
International Finance & Treasury
... Brazilian inflation 273 What's next in South Africa 280 Debt threat in Brazil 281 Latin petrocurrency warning 303 Inside look at Brazil's newest debt plan 305 Tips on streamlining credit and collection 305 Currency How Australian MNCs cope ...
‎1985
9
Sessional Papers Printed by Order of the House of Lords: ...
It is the combination of these two factors which gives sterling its "petrocurrency" status. Since, unlike the Dutch florin, sterling is so widely held, changes in oil prices and the prospective value of the United Kingdom's energy resources may  ...
Great Britain. Parliament. House of Lords, 1983
10
Business International Money Report
... Brazilian inflation 273 What's next in South Africa 280 Debt threat in Brazil 281 Latin petrocurrency warning 303 Inside look at Brazil's newest debt plan 305 Tips on streamlining credit and collection 305 Currency How Australian MNCs cope ...
‎1985

10 NEWS ITEMS WHICH INCLUDE THE TERM «PETROCURRENCY»

Find out what the national and international press are talking about and how the term petrocurrency is used in the context of the following news items.
1
Ruble Falls for Fifth Week Tracking Oil as Russia's RTS Slides
“The ruble is a petrocurrency, and oil is on another leg down,” Vladimir Miklashevsky, a strategist at Danske Bank A/S in Helsinki, said in ... «Bloomberg, Jul 15»
2
Five things to know about the loonie's value over the years
Petrocurrency? In the 1980s and '90s, energy's share in trade hovered around the five per cent mark. But by 2014, energy's share had nearly ... «Calgary Herald, Jul 15»
3
What next for Dubai property in 2015?
... from the Canadian dollar to the Norwegian kroner have done (The Russian rouble, of course, is both petrocurrency and Putincurrency). «Khaleej Times, May 15»
4
Closer ties to oil prices could mean more volatility for Canadian dollar
... the loonie has become a petrocurrency, which hasn't always been the case in Canada. Antweiler analyzed the tie between oil prices and the ... «Bellingham Herald, Apr 15»
5
Is the Canadian dollar a petrocurrency?
In this Q&A, associate professor Werner Antweiler of the UBC Sauder School of Business says Canada's dollar is a petrocurrency, but it hasn't ... «University of British Columbia, Apr 15»
6
Galoc oil and Malapaya gas fields bring in the petro-dollars
Petrocurrency is a neologism used with three distinct meanings, though often confused: 1st, Trading surpluses of oil producing nations, ... «DirectorsTalk Interviews, Apr 15»
7
The Petrocurrency War. The Dollar versus the Yuan
It is possible that in a few short years the yuan will share the same position with the dollar as the petrocurrency with the price of oil being quoted ... «Center for Research on Globalization, Mar 15»
8
Netanyahu Victory, Saudi Arabia And Iran
Thirdly, the US petrodollar is being challenged by the Chinese yuan as an alternate petrocurrency. Iran has been operating the Kish Island oil ... «CounterCurrents.org, Mar 15»
9
Blame oil: Opportunistic thinking amid the price collapse
More than half a million Canadian manufacturing workers who lost jobs due in part to a soaring petrocurrency would likely beg to differ with Mr. «The Globe and Mail, Jan 15»
10
Investors should stay pessimistic and safe in the coming year
The Russian rouble collapsed last year as a petrocurrency with a geopolitical problem. The Japanese yen was also notably weaker and could ... «The National, Jan 15»
REFERENCE
« EDUCALINGO. Petrocurrency [online]. Available <https://educalingo.com/en/dic-en/petrocurrency>. May 2024 ».
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