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Home > QFINANCE Dictionary > Definition of undervalued currency

Definition of

undervalued currency

Currency & Exchange

currency available cheaply a currency that costs less to buy with another currency than it is worth in goods

Recommended Further Reading (Term count)
  • Mixflation
    by Giles Keating
    Previous eras—viewed through the simplifying lens of history—seem often to fall into periods of inflation and deflation: the great falling-price boom of the 1880s; The deflationary slump of the 1930s; the inflationary 1970s. But modern times are more mixed. Over much of the last 10 years, manufactured goods prices have fallen while commodity prices soared. During 2008, this bifurcation seemed to briefly give way to a more generalized inflation,...
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Definitions of ’undervalued currency’ and meaning of ’undervalued currency’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’undervalued currency’ and other financial terms with our online QFINANCE Financial Dictionary.

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