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soft currency |
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soft currencyVulnerable currency that tends to fall in value on foreign-exchange markets because of political or economic uncertainty. Governments are unwilling to hold soft currencies in their foreign-exchange reserves, preferring strong or hard currencies, which are easily convertible. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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