Soft Currency
网友投稿• 2022-01-05 15:34:34 •阅读57
A currency with a value that fluctuates as a result of the country's political or economic uncertainty. As a result of the of this currency's instability, foreign exchange dealers tend to avoid it.
Also known as a "weak currency".
|||Currencies from most developing countries are considered to be soft currencies. Often, governments from these developing countries will set unrealistically high exchange rates, pegging their currencies to a currency such as the U.S. dollar.
本文来源于网友自行发布,不代表本站立场,转载联系作者并注明出处