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Discover LudwigThe phrase "a currency advantage" is correct and usable in written English.
It can be used when discussing the benefits or favorable conditions related to currency in financial contexts, such as trade or investment.
Example: "The company was able to expand its market share due to a currency advantage that allowed it to offer lower prices than its competitors."
Alternatives: "monetary edge" or "financial benefit".
Exact(2)
The Canadian dollar soared, erasing a currency advantage.
Although Europeans have had a currency advantage against the dollar, Joseph A. Callanan, a senior managing director in the global property advisers group at CB Richard Ellis, said he urges his foreign clients not to focus too much on currency swings.
Similar(58)
But we cannot compete with them if they have a 20percentto40percentcurrencyrency advantage".
"As Taiwan and Korea play a game of chicken, Korea holds the currency advantage that doesn't bode well for Taiwan Tech".
Specifically, the amendment allows for a 180 day negotiation period between the US and China to revalue its currency, if the negotiations are not successful, a temporary across the board tariff of 27.5% will be applied to all Chinese products entering the United States - a penalty that corresponds to their estimated currency advantage.
During the 1990s, when the Argentine peso was pegged to the dollar, companies often sold themselves to foreigners, rather than leverage the currency advantage and expand throughout Latin America.
With the renminbi linked to the dollar, China's currency advantage would not be increasing over time in the United States as it would be against currencies other than the dollar.
Central Canadian manufacturing was especially hard hit in recent years as investment focused on the booming oil patch and the Canadian dollar soared, reversing the currency advantage that has traditionally supported exporters of goods and services.
More will no doubt follow.If the economy does recover as fast as the government hopes, the currency advantage now enjoyed by Europeans may disappear and the travellers with it.
holdings if the currency advantage is taken out of the equation?
Some industry leaders talk about the currency advantage they get from the strong euro since in euro terms their Japanese yen and Korean won prices are low.
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