currency war

English

Noun

currency war (plural currency wars)

1. (economics) The competition between countries in order to achieve a relatively low exchange rate for their home currencies, so as to assist their domestic industry.

Translations

competition between countries to achieve a relatively low exchange rate

• Chinese:

  Mandarin: 匯率戰 / 汇率战 (huìshuàizhàn)

• Russian: валютные война (valjutnyje vojna), конкуре́нтная девальва́ция (konkuréntnaja devalʹvácija)
• Vietnamese: chiến tranh tiền tệ

Further reading

• currency war on Wikipedia.Wikipedia