What does CBS stand for?

Currency Board System

This definition appears very rarely and is found in the following Acronym Finder categories:

Military and Government
Business, finance, etc.

Other Resources:

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Samples in periodicals archive:

During the three years before the peso's demise, Argentina's convertibility system was not operating like a rule-bound currency board system (see accompanying chart).

Example for fiscal prudence

The structure and operation of the currency board system is explained in section 3 and the systemic flaw that predisposes it to currency crises is identified.

Preventing currency crises: the currency board versus the currency ...

Esprit already has a major presence in Germany, but it reports its figures in Hong Kong dollars, which are in effect proxy US dollars because of the Asian city's currency board system.

Esprit dives as boss cashes in on retail chain's success

The move was followed by Senate approval of a law to include the euro in the country's currency board system.

Last month's hero is this month's bum as Cavallo shakes up the ...

Under ideal conditions, money supply adjustments under a currency board system should reflect only imbalances in the balance-of-payments.

The Bulgarian Currency Board

The currency board system is operated by Chinese civil servants, almost impervious to pressures from local people and politicians.

SILVER LINING FOR CLOUDS HANGING OVER FAR EAST

The Board of Commissioners of Currency was set up in 1967 to implement the currency board system when the Singapore currency was on a fixed exchange rate.

Singapore's MAS to issue currency notes, coins

Cavallo defended his decision to incorporate the euro into Argentina's currency board system, saying it will ensure that the peso remains stable but will introduce an element of flexibility into monetary policy.

Cavallo efforts fail to win over investors as US loses patience