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Soft currency

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Updated: Aug 20, 2021

The opposite of a hard or scarce currency Soft Currencies are those which are falling in value, usually due to continual balance of payments problems in the countries they represent. They are, by nature, not welcome within any nation’s gold and foreign exchange reserves.

Reference: The Penguin Business Dictionary, 3rd edt.


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James Knight
Editor of Education
James is a lead content editor for Invezz. He's an avid trader and golfer, who spends an inordinate amount of time watching Leicester City and the… read more.