petrocurrency

English

Etymology

petro- +‎ currency

Noun

petrocurrency (plural petrocurrencies)

  1. The currency of an oil-producing nation which tends to vary in value against other currencies in line with changes in the price of oil.
  2. Money paid in dollars to oil-producing nations.

See also
This article is issued from Wiktionary. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.