Meaning of “soft currency” in the English Dictionary

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"soft currency" in Business English

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soft currencynoun [ C ]

uk us

MONEY, FINANCE a currency that regularly goes down in value in relation to others:

To investors sterling is a soft currency and they have faith in those like Germany and Japan with a concrete track record to protect their currency against inflation.

(Definition of “soft currency” from the Cambridge Business English Dictionary © Cambridge University Press)