we need foreign exchange

[alpacinou]

Hello to all,

I want to talk about the advantages of tourism. I want to convey the idea that tourists spend foreign currency which is useful for the economy of the host country.

How can I express this idea in an eloquent way?

Foreign tourists bring foreign currency to the host country.

Obviously something better can be said.

 

[Tarheel]

Perhaps:

Tourists spend money here, and that's good for the economy.

 

[jutfrank]

A very good phrasal verb to use when talking about contributions made to an economy is bring in. Another good verb is contribute.

Foreign visitors bring in a lot of money to the host country.

I don't think you really want to talk about 'currency', do you? I think you're really talking about money, right? A currency is just the form in which money is represented in a particular economic system.

 

[alpacinou]

Right now my country is cut off from financial system of the world due to some problems.

I want to put emphasis that tourists bring dollar and spend it here. So I want to focus on the foreign exchange part.

 

[Tarheel]

Perhaps:

Tourists bring dollars here, and that's good for the economy.

 

[GoesStation]

Right now my country is cut off from financial system of the world due to some problems.

I want to [STRIKE]put[/STRIKE] emphasize [AmE spelling] that tourists bring dollars and spend [STRIKE]it[/STRIKE] them here. So I want to focus on the foreign exchange part.

Say they bring hard currency. It's fine to use "currency" here because that's the main point.

 

[alpacinou]

Say they bring hard currency. It's fine to use "currency" here because that's the main point.

So this is fine? :

Foreign tourists bring foreign currency to the host country.

 

[GoesStation]

So this is fine? :

Foreign tourists bring foreign currency to the host country.

It's okay, but I think you should use the term "hard currency". It refers to money that's freely exchangeable almost anywhere in the world. That's what I understand you're trying to say.

 

[tedmc]

Tourist spending is a substantial source of revenue to a country, which benefits its economy.

 

[GoesStation]

Tourist spending is a substantial source of revenue to a country, which benefits its economy.

That is indeed true. But Iran is subject to severe international sanctions and needs every dollar of hard currency​ it can get. I think that's the main focus of the OP's sentence.

 

[emsr2d2]

Can I assume that the word "exchange" in your title was an error?

 

[alpacinou]

Can I assume that the word "exchange" in your title was an error?

How do you mean? Foreign exchange means foreign money. Doesn't it?

 

[emsr2d2]

Titles should include the words you're asking us about. Your actual post didn't mention "foreign exchange" at all.

 

[Tarheel]

So this is fine? :

Foreign tourists bring foreign currency to the host country.

In that sentence the "host country" could be any country. Is that the way you mean to word your sentence?

 

[Tarheel]

Right now my country is cut off from financial system of the world due to some problems.

I want to emphasize that tourists bring dollars and spend them here. So I want to focus on the foreign exchange part.

Perhaps:

We want tourists to come here and spend money.

I'm not sure why you want to emphasize that those people are foreigners.
:-?

 

[GoesStation]

Perhaps:

We want tourists to come here and spend money.

I'm not sure why you want to emphasize that those people are foreigners.
:-?

If your country is subject to severe international sanctions, every foreign tourist brings in some hard currency which can be used to buy imports. The same principle applied in the old Iron Curtain countries of the Soviet bloc, but it was self-imposed: those countries had an economic system that made their currencies practically worthless for foreign trade outside of the bloc.

 

[Tarheel]

What do you mean? Foreign exchange means foreign money. Doesn't it?

"What do you mean?" is the expression. We don't say, "How do you mean?"

 

[Tarheel]

OK. Perhaps:

We want foreigners to come here and spend lots of money.

 

[GoesStation]

OK. Perhaps:

We want foreigners to come here and spend lots of money.

That still misses what I think is a key point of the sentence: Iran wants foreigners to bring hard currency which the country can exchange for products that are not otherwise available.

alpacinoutd, have I guessed right?

 

[Tarheel]

hard currency - money that is not likely to lose its value and may be preferred over the domestic currency