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Meaning of currency crisis | Babel Free

Noun CEFR B2

Definitions

A type of financial crisis during which the value of foreign denominated debt will rise drastically relative to the declining value of the home currency.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

currency detector currency exchange currency intervention currency lad currency lass currency overlay

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