- currency effect UK US noun [C]► an increase or decrease in the value of a foreign investment or of something bought or sold in a foreign country caused by a change in the exchange rate (= the rate at which the currency of one country can be changed for the currency of another country): »
Sales would have increased 6% this quarter but for currency effects.
Financial and business terms. 2012.
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effect — ▪ I. effect ef‧fect 1 [ɪˈfekt] noun 1. [countable, uncountable] the way in which an action, event, or person changes someone or something: • Inflation is having a disastrous effect on the economy. demonˈstration efˌfect [singular] … Financial and business terms
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