| 单词 |
commodity currency |
| 释义 |
Commodity Currency
Commodity CurrencyA currency with an exchange rate highly correlated to the price of a commodity that is important to the economy of the currency issuer. For example, the Canadian dollar tends to be strong when oil and soybean prices are high because these are two major commodities produced in Canada. Other commodity currencies include the Australian dollar and the New Zealand dollar. |
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