local currency - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “local currency”

local currency

noun [C or U]
 
 
MONEY
the currency that is used in a particular country: Gold has become cheaper to buy where local currencies have appreciated. It's good to have some local currency available when you arrive in a new country.
→  Compare domestic currency , foreign currency
(Definition of local currency from the Cambridge Business English Dictionary © Cambridge University Press)
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