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What do you understand by the phrases strong and weak currencies?
in Tourism by Diamond (55,179 points) | 11 views

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Strong currency, also known as a hard currency, refers to a currency when it is worth more relative to other currencies.

A weak currency, also known as a soft currency, is a currency with value that has depreciated significantly over time against other currencies and will fluctuate erratically or depreciate against other currencies.
by Diamond (55,179 points)

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