dollarization in A Sentence

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    An example of Dollarization is El Salvador's use of the U.S. dollar.

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    However, the country underwent a Dollarization of its economy in the following years that is still going on.

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    Although Dollarization usually enables a country to be seen as a more stable place for investment, the drawback is that the country's central bank can no longer print money or make any sort of monetary policy.

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    Although Dollarization usually enables a country to be seen as a more stable place for investment, the drawback is that the country's central bank can no longer print money or make any sort of monetary policy.

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    In October, the president presented a plan to incentivize the country's economy with measures as incentives for the creation of employment, strengthening of Dollarization, implementation of electronic money, austerity in the Government, fight against smuggling and tax evasion.

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