Word forms: (plural) soft currencies
( Finance : Foreign exchange )
A true soft currency can't be exchanged on the open market (but quite possibly can be exchanged on the
black market for hard currency).
A soft currency is expected to fluctuate erratically or depreciate against other currencies.
A soft currency is a fluctuating currency from an economically or politically unstable country that
is not widely accepted in other countries.
Collins English Dictionary. Copyright © HarperCollins Publishers