- 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.
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bloc — [blɒk ǁ blɑːk] noun [countable] 1. ECONOMICS a group of countries, usually with the same economic system, who have an official trading agreement with each other: • negotiations for the incorporation of Mexico into a trade bloc with the USA 2. a… … Financial and business terms
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