The phrase
"currency wars" refers to a situation when different countries try to devalue their own currencies in order to gain an advantage in international trade. This competition can harm global trade relationships and lead to economic instability.
Full definition
Similar and related words and phrases are presented below.
«currency»
«wars»
Related phrases
Phrases with «currency wars»
Sentences with «currency wars»
- When I asked him about this trade he noted the onset of currency wars. (yragharris.com)
- Large flight to quality flows into the dollar and yen also risk bringing on alarm about emerging markets and a return to concern about currency wars. (larrysummers.com)
- Most countries want their currency values to fall so they can win the global currency wars. (thebalance.com)
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sentences)