currency crisis
Definition
A situation in which the value of a currency becomes unstable, making it difficult for the currency to be used as a reliable medium of exchange. The effect of a currency crisis can be mitigated by sufficient foreign reserves. A currency crisis is a type of financial crisis.
email to a friend
print this definition
cite this definition
link to this page
currency crisis is in the Currency Trading and Economics, Politics, & Society subjects.
currency crisis appears in the definitions of the following terms: financial contagion and foreign reserve
This content can be found on the following page:
http://www.businessdictionary.com/definition/currency-crisis.html







