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Answer to Question #68072 in Macroeconomics for MARIA

Question #68072
whats the most accurate definition of a currency crisis?
Expert's answer
A currency crisis - the sharp fluctuations in exchange rates, currency devaluation and revaluation. A currency crisis is a sharp depreciation of the currency of a country.

It is a type of financial crisis.

A link to a source:

http://www.theglobaleconomy.com/guide/article/74/

http://www.businessdictionary.com/definition/currency-crisis.html

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