Meanings

  1. foreign purchasing power, purchasing power abroad (the value of the domestic currency in relation to the prices of goods and services in foreign countries, largely influenced by exchange rates and inflation differentials)

    Die Abwertung der Landeswährung führte zu einem drastischen Rückgang der Auslandskaufkraft bei Importgütern.The devaluation of the national currency led to a drastic decline in purchasing power abroad for imported goods.

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