commodity currency
commodity currency · commodity currencies
A currency that moves in correlation with the world prices of primary commodity…A currency that moves in correlation with the world prices of primary commodity products, due to the country's heavy dependency on the export of certain raw materials for income.
Meaning
1 sensesA currency that moves in correlation with the world prices of primary commodity products, due to the country's heavy dependency on the export of certain raw materials for income.
Forms
plural: commodity currencies| Singular | commodity currency |
|---|---|
| Plural | commodity currencies |
regular