commodity currency
kəˈmɒdəti ˈkʌrənsi
commodity currencies
Definition

Definition of commodity currency - Reverso English Dictionary

Noun

1.
businessTECH.currency influenced by commodity prices due to export dependencyTECH.
  • The Australian dollar is considered a commodity currency.
2.
financeTECH.currency backed by a physical commodityTECH.
  • Gold was once used as a commodity currency.
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Terms with commodity currency included in their meaning

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finance
market for future currency or commodity contracts

Examples of commodity currency in a sentence

  • Investors watch commodity currency trends closely.
  • Silver can also be a commodity currency.
  • Some countries still use commodity currency systems.

View all translations of commodity currency

Click below to see the appropriate translations facing each meaning.
  1. French:monnaie de matières premières, monnaie-marchandise, ...
  2. German:Rohstoffwährung, ...
  3. Italian:valuta legata alle materie prime, moneta merce, ...
  4. Spanish:moneda de materias primas, moneda de mercancía, ...
  5. Portuguese:moeda de commodities, moeda lastreada, ...
  6. Chinese:商品货币, 实物商品支持的货币, ...
  7. Japanese:商品通貨, 物品通貨, ...
  8. Arabic:عُمْلَة سِلْعِيَّة, ...
  9. Hebrew:מַטְבֵּעַ סְחוֹרוֹת, ...
  10. Russian:сырьевая валюта, товарная валюта, ...
  11. Ukrainian:сировинна валюта, ...
  12. Hindi:वस्तु मुद्रा, वस्तु समर्थित मुद्रा, ...
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