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

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English definition of “soft currency”

soft currency

noun [C]
 
 
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. →  See also currency , hard currency
(Definition of soft currency from the Cambridge Business English Dictionary © Cambridge University Press)
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