currency crisis
currency crisis · currency crises
A type of financial crisis during which the value of foreign denominated debt will…A type of financial crisis during which the value of foreign denominated debt will rise drastically relative to the declining value of the home currency.
» Britain's currency crisis has turned into a political one over government failure to stop the pound from going into free-fall.
Meaning
1 sensesA type of financial crisis during which the value of foreign denominated debt will rise drastically relative to the declining value of the home currency.
Examples
2 sentencesBritain's currency crisis has turned into a political one over government failure to stop the pound from going into free-fall.
There is a possibility of a currency crisis such as that of the former Zimbabwe dollar.
Forms
plural: currency crises| Singular | currency crisis |
|---|---|
| Plural | currency crises |
irregular