currency bloc

currency bloc UK US noun [C] ECONOMICS
a group of countries that all use the same money: »

One argument for joining a single currency bloc is that it would encourage greater capital investment.

a group of countries the value of whose money is tied to the value of the money of a single country: »

A powerful, if informal, currency bloc has developed between the United States and most of Asia.

Financial and business terms. 2012.

Look at other dictionaries:

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