Real Currency

Real Currency

The purchasing power in today's currency of future nominal currency to be disbursed or received.

Real Currency

A currency expressed in terms adjusted for inflation. See also: Real, Nominal.
References in periodicals archive ?
"When we examine the progress of the real currency rates, we see that the Turkish currency has gained in value against currencies of the industrialized countries while it remained generally the same against the currencies of the developing countries.
But when Torres left his homeland in the summer of 2007 he went in search of the trophies that are the real currency of a footballer's career.
What is needed to combat the crisis is a real currency devaluation to restore international competitiveness.
Mounting competition from low-cost countries and strong trend real currency appreciation have severely weakened the trade-exposed sector, notably cost-sensitive activities highly dependent on domestic inputs and low-skilled labour.
The Kop is real currency - and losing it will cost in dollars, as well as in damaged eardrums.
We could be making more larger-scale Australian films to have real currency on the world scale."
The corollary of weak job creation has been extremely strong labour productivity growth, which rose by nearly 7 per cent in 2003 for the overall economy and may rise by 9 per cent in 2004; such gains are helping to preserve the competitiveness of exporters despite real currency appreciation as measured by relative consumer prices.
A Christmas single was real currency then and a good one (Wizzard or Slade) will last as long as people have radios and bits of flappy gristle on the sides of their heads.
The phrase gains some real currency when you look at the work of American photographer Doug Hall.
A sharp decline in Brazil's real currency boosted selling.
Financial markets have rallied on prospects of a more market friendly government, with the real currency rising around 30 percent against the dollar this year.
Futures also fell on the back of the falling real currency in coffee's biggest producer Brazil.