单词 | soft currency |
释义 | soft currency in British English (sɒft ˈkʌrənsɪ) noun finance money of a specific country that is liable to depreciate in value and is difficult to exchange for another currency Outside the country that issued it, soft currency can be less valuable than goodtoilet paper. But for now, the prospect of a soft currency is not enough to upset financial markets. soft currency in Finance (sɔft kɜrənsi) Word forms: (plural) soft currencies noun (Finance: Foreign exchange) hard currencyA soft currency is a fluctuating currency from an economically or politically unstable country that is not widely accepted in other countries. A true soft currency can't be exchanged on the open market (but quite possibly can be exchanged on theblack market for hard currency). A soft currency is expected to fluctuate erratically or depreciate against other currencies. A soft currency is a fluctuating currency from an economically or politically unstable country thatis not widely accepted in other countries. |
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