Economics · Banking and Currency
What is meant by a 'Soft Currency' in the international market?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A currency whose supply is less than its demand
- 2A currency whose supply is greater than its demand✓
- 3A currency whose supply and demand are both extremely low
- 4A currency whose demand is constantly rising rapidly
Correct answer
A currency whose supply is greater than its demand
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