currency war

Noun

Meaning

currency war (plural currency wars)

English Wikipedia has an article on:currency warWikipedia
(economics) Competition between countries to achieve a relatively low exchange rate for their home currencies, so as to help their domestic industry.

Source: en.wiktionary.org

Synonyms

beggar-my-neighbor

Examples

Today we are practically living a trade war, a currency war because the exchange rate today is one of the important factors to determine the competitiveness or not of products. Generalized currency depreciation in my view is an explicit strategy used by countries and that threatens us. Guido Mantega

Is the Trade War About to Become a Currency War? Source: Internet

Close letter words and terms

currency unit currency unit coin currency units currency-by-currency current current abstract