currency war

English

Noun

currency war (plural currency wars)

1. (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