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English definition of “currency”

currency

noun [C or U]
 
 
/ˈkʌrənsi/ (plural currencies) ( abbreviation cur)
MONEY, FINANCE the system of money that is used in a particular country at a particular time: domestic/foreign/local currency The deal will be done in the local currency.stable/strong/weak currency They benefited from having a stable currency over a long period of time.buy/sell currency Currency is bought on the currency foreign exchange, also known as the forex exchange.devalue/revalue a currency The Central bank devalued the currency to curb rising inflation.a currency rises/falls Stocks jumped and the currency rose for the first time in several weeks.currency dealing/trade/trading This website will give you top tips on the foreign exchange markets from currency trading experts.. currency dealer/trader → See also basket of currencies, blocked currency, convertible currency, decimal currency, digital currency, dual currency, e-currency, fixed currency, floating currency, hard currency, inconvertible currency, non-convertible currency, paper currency, pegged currency, reserve currency, single currency, soft currency, unit of currency
(Definition of currency from the Cambridge Business English Dictionary © Cambridge University Press)
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