currency war

English

Noun

currency war (plural currency wars)

(economics) Competition between countries to achieve a relatively low exchange rate for their home currencies, so as to help their domestic industry.

Translations

competition between countries to achieve a relatively low exchange rate

Chinese:
Mandarin: 匯率戰／汇率战 (huìshuàizhàn)
Vietnamese: chiến tranh tiền tệ

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