strong currency
Frequency: 8.020.5 per million words
a currency that is valuable and not likely to fall in value
Categories:
Examples (10)
- A strong currency can make imports cheaper for domestic consumers.
- Travelers from countries with a strong currency find their money goes further abroad.
- The central bank implemented policies to maintain a strong currency and control inflation.
- Investors often prefer to hold assets in a country with a strong currency to protect their value.
- The Swiss franc is historically known for being a very strong currency.
- While beneficial for importers, a strong currency can hurt a nation's export industry.
- If the economy continues to grow, the dollar will likely remain a strong currency.
- What are the main factors that contribute to a strong currency?
- The company's international profits were lower when converted back due to the strong currency.
- Despite the challenges for exporters, the government is committed to a policy that supports a strong currency.