| 单词 | currency |
| 释义 | currency Another name for money. A country's own currency is that used for internal transactions. Foreign currency is the money of other countries. The Currency School in the nineteenth century urged that the banks should supply money according to some fixed rule, arguing that the alternative, Banking School, view that money should be supplied ‘in accordance with the needs of trade’, would put no monetary check on inflation. See also: convertible currency, hard currency, over-valued currency, soft currency, trading currency, and under-valued currency |
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