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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in classic literature ?
613-616) So it is not possible to deceive or go beyond the will of Zeus; for not even the son of Iapetus, kindly Prometheus, escaped his heavy anger, but of necessity strong bands confined him, although he knew many a wile.
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.
Behind her she saw the prahu turn back up stream, but now her mind was suddenly engaged with a new danger, for the girl realized that the strong current was bearing her down stream more rapidly than she had imagined.
'I can't touch him!' cried the idiot falling back, and shuddering as with a strong spasm; he's bloody!'
He felt this so keenly,--with such intense, detailed remembrance, with such passionate revival of all that had been said and looked in their last conversation,--that with that jealousy and distrust which in diffident natures is almost inevitably linked with a strong feeling, he thought he read in Maggie's glance and manner the evidence of a change.
'I could wish it done as soon as it can be done, Wickfield,' said Doctor Strong, 'for Jack Maldon is needy, and idle; and of those two bad things, worse things sometimes come.
He was a strong man, too, and very cunning, and when he was angry he made noises just like that, fith-fith, like a wild-cat.
The sound of tools to a clever workman who loves his work is like the tentative sounds of the orchestra to the violinist who has to bear his part in the overture: the strong fibres begin their accustomed thrill, and what was a moment before joy, vexation, or ambition, begins its change into energy.
He delighted in hearing Hazel Strong talk of Jane, but when he was the subject of the conversation he was bored and embarrassed.
In the struggle for existence, as I have shown, the strong and the progeny of the strong tend to survive, while the weak and the progeny of the weak are crushed and tend to perish.
"Gladly," said the Strong Man, his face illuminated with the glory of his thought.
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. The preceding relative positions of himself and Lucie were reversed, yet only as the liveliest gratitude and affection could reverse them, for he could have had no pride but in rendering some service to her who had rendered so much to him.