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 classic literature ?
The next day I had my feet thoroughly cleansed and stuffed with tow soaked in some strong lotion; and an unpleasant business it was.
John Knightley had really a great regard for his fatherinlaw, and generally a strong sense of what was due to him; but it was too often for Emma's charity, especially as there was all the pain of apprehension frequently to be endured, though the offence came not.
Now that this was changed, and he knew himself to be invested through that old trial with forces to which they both looked for Charles's ultimate safety and deliverance, he became so far exalted by the change, that he took the lead and direction, and required them as the weak, to trust to him as the strong.
Doctor Strong looked almost as rusty, to my thinking, as the tall iron rails and gates outside the house; and almost as stiff and heavy as the great stone urns that flanked them, and were set up, on the top of the red-brick wall, at regular distances all round the court, like sublimated skittles, for Time to play at.
She had swung round to the ebb-- her bow was now towards me--the only lights on board were in the cabin, and what I saw was merely a reflection on the fog of the strong rays that flowed from the stern window.
So seven thousand waggons of the gold of the whole kingdom were driven up; these the strong man shoved into the sack, oxen and all.
Here comes another Giant, as strong as you are, to fight with you.
Even if he had had a strong hope that she was fond of him--and his hope was far from being strong--he had been too heavily burdened with other claims to provide a home for himself and Hetty--a home such as he could expect her to be content with after the comfort and plenty of the Farm.
Therefore, Agamemnon, though you be strong, take not this girl away, for the sons of the Achaeans have already given her to Achilles; and you, Achilles, strive not further with the king, for no man who by the grace of Jove wields a sceptre has like honour with Agamemnon.
The balloons were made of a strong but light Lyons silk, coated with gutta percha.
But this rule which leaves out of account the spirit of the army continually proves incorrect and is in particularly striking contrast to the facts when some strong rise or fall in the spirit of the troops occurs, as in all national wars.
Some years after his marriage he told Mary that his happiness was half owing to Farebrother, who gave him a strong pull-up at the right moment.