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Meaning of currency war | Babel Free

Noun CEFR B2

Definitions

The competition between countries in order to achieve a relatively low exchange rate for their home currencies, so as to assist their domestic industry.

Equivalents

Русский валютные война конкуре́нтная девальва́ция
Svenska valutakrig
Tiếng Việt chiến tranh tiền tệ

CEFR level

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

See also

current current account current affairs current asset current balance current divider

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