What is another word for petrocurrency?

Pronunciation: [pˈɛtɹəkˌʌɹənsi] (IPA)

Petrocurrency is a term used to describe a currency that is heavily reliant on the exportation of oil. However, there are several other terms that can be used interchangeably with petrocurrency such as oil currency or energy currency. Moreover, some may use terms such as oil-backed currency or resource-backed currency, which highlights the importance of natural resources in the country's economy. Petrodollar is another commonly used word when referencing petrocurrency, referring specifically to US dollars earned from exporting oil. Petroeuro, petroyuan, and petroruble are also used when referring to countries that are attempting to shift away from using the US dollar as their petrocurrency. Overall, these various synonyms highlight the global significance and impact of petrocurrency on both economic and political entities.

What are the hypernyms for Petrocurrency?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    commodity currency, energy currency, resource currency.

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