soft currency
Weak national tender
Soft currency is money from a country whose economy is unstable or whose government is unreliable, making the currency difficult to exchange internationally and prone to losing value.
The opposite of hard currency like the dollar or euro.
Investors avoid holding soft currencies because they can depreciate rapidly: The country's soft currency made foreign investment risky.
- weakLacking power or force
- devaluationLowering of currency worth
- inflationSustained price level increase
- pesoLatin American currency
- rubleRussian monetary unit
foreign exchange · exchange · depreciation · unstable · convertibility · foreign · reserves · dollar · peg · floating · crisis · developing · emerging · third world · volatile · treasury · central bank · money printing
- currencydollar, euro, pound, yen, peso
- game termslevel, score, player, win, lose
- moneydollar, euro, coin, cash, pound
- game lootgold coins, gems, crystals, coins, loot
- currency typeslegal tender, gold standard, dollarized
- forexforex, exchange rate, foreign exchange, bid price, exchange rates
soft currencyhard currency
Physical money, not digital
reserve currency · US dollar · Swiss franc · euro · Japanese yen
soft currencyhard money
Metallic legal tender
sound money · US dollar · Swiss franc · sterling · euro
soft, soften, softly, softness, softer, softest, softened, softening, currency