Definitions for "Soft Currency" Add To Word List
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A money of a country that is expected to drop in value relative to other currencies.
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currency that is not widely accepted in exchange for other currencies, in contrast to a hard currency.
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Soft currency - currency exchanged for other currencies but with some restrictions.
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A currency that tends to depreciate because of the country's inflation rate.
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A country's currency which is not acceptable in exchange for currency of other countries, due to unrealistic exchange rates. see also hard currency.
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Currency that is weak (and therefore not desirable as a means of payment for international transactions) due to high inflation or economic instability.
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Currency of a country that is noy economically and politically stable.
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the currency exchanged for other currencies with some restrictions.
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The funds of a country that are controlled by exchange procedures, thereby having limited convertibility into gold and other currencies.
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Currency expected to depreciate relative to others.
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A currency which is expected to devalue or depreciate against other currencies, or whose exchange rate must be supported by central bank intervention or exchange controls
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Usually a currency with very high inflation rates, continually being debased, currency is easy to obtain. The Yugoslav new dinar is an example of a soft currency.
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This refers to a weak currency which is a less desirable means of payment than other currencies. Countries with weak currencies are those which tend to have frequent currency devaluation, balance of payments difficulties or political instability. A soft currency is usually not fully convertible to all currencies but only perhaps to some other "weak" currencies. Contrast with Hard or strong currency. Français: Monnaie faible Español: Moneda débil, moneda blanda
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The currency of a country that is not readily accepted by other countries and is not readily converted into currencies which are readily acceptable (hard currencies).
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A currency which is not readily accepted in exchange for other currencies or convertible to gold.
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Soft currency and hard currency are two forms of money in use around the world.
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