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Explanation: francs is not capitalized, just as dollars isn't.
The position of these products in household food budgets went from 4 % of the total food budget in 1970 to 6 % in 1992 in current francs, not counting ready-cooked dishes containing sea products.
Kim Metzger Mexico Local time: 20:41 Specializes in field Native speaker of: English PRO pts in category: 8
Graded automatically based on peer agreement.
2 hrs confidence:
current currency, budget-year currency
Explanation: As opposed to "constant currency" which takes account of the variation in value of currency over a period of time.
Which would you rather I gave you?
A) 1000 current euros in 2020? or
B) 1000 constant euros in 2020?
If you predict inflation, you'd be wise to choose B. If you predict deflation, you'd be wise to choose A. (not considering exchange rate fluctuations and your desire to spend that money outside of Euroland).
xxxBourth Local time: 03:41 Native speaker of: English PRO pts in category: 413