The exchange rates do not always reflect true differences in the purchasing power of currencies.

But poverty’s scourge is fiercest below $1.25 (the average of the 15 poorest countries’ own poverty lines, measured in 2005 dollars and adjusted for differences in purchasing power): people below that level live lives that are poor, nasty, brutish and short.

High interest rates are affecting the purchasing power of homeowners.

Large supermarkets usually have better purchasing power than small, local shops.

Purchasing power

Meaning

Noun

Synonyms