Overview

strengthening of a currency


Show Summary Details

Quick Reference

A rise in the price of one currency in terms of others. This is caused by an increase in the demand to hold it, which may be due either to an improvement of the country's current account, or to shifts into it from other currencies on capital account. See also currency appreciation.

Subjects: Economics.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.