Strong Currency

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Strong Currency

A currency whose value compared to other currencies is improving, as indicated by a decrease in the direct exchange rates for the currency.

Strong Currency

A currency when it is worth more relative to other currencies. Because most currencies are floating, their values vary according to market trends. When one unit of a currency trades for more units of another currency, it is known as a strong currency. When a currency is strong, travelers are able to go abroad while spending less of their money, but it makes exports more expensive in other countries. A strong currency can be disinflationary for currencies pegged to it. See also: Weak currency, Exchange rate.
References in periodicals archive ?
Organizations are doing a better job of preparing for potential changes in US monetary policy and currency strengthening, creating an overall improvement in the business risk environment," said Dr.
The currency strengthening and international monitory organizations are acknowledging the value of Pakistan economy.
But the pressure has relented after the central bank's bold action, with the currency strengthening from 2.
Some analysts believe an unfavorable exchange rate has prompted some expatriates to delay sending money home, especially with the value of the Mexican currency strengthening to 12.
However, demand on behalf of the domestic market and recovery of global appetite for risk supported national currency strengthening.
I see the currency strengthening to 44 to 45 against the dollar.
Many analysts see the currency strengthening further in coming days, albeit at a very modest pace, with greater purchasing power of the world's third-largest economy becoming a strong global investment theme.
Many economists see China's currency strengthening further in coming days but at a very modest pace, further diluting hopes for big market gains.
In a region with constrained policy choices, we expect currency strengthening to be used as a policy tool in the fight against inflation," Merrill said.
On the one hand, the Chinese authorities remain cautious toward fast-paced and substantial currency strengthening.
currency strengthening against the euro as well, dealers said.
Since major industries in Korea, including electronics, depend on exports, the currency strengthening has some of these industries worried.