Definition of pataca in English:
The basic monetary unit of Macao, equivalent to 100 avos.
- The working capital revolving credit facility may be in either patacas or Hong Kong dollars.
- For example, an Angolan boy was described as a ‘semiskilled shoemaker,’ who knew how to cut and make a pair of shoes, for which he received three patacas a week in wages.
- The link between Macao's pataca and the Hong Kong dollar also leaves the former Portuguese colony vulnerable to volatility in neighboring Hong Kong's financial markets, the agency added.
What do you find interesting about this word or phrase?
Comments that don't adhere to our Community Guidelines may be moderated or removed.
Most popular in the US
Most popular in the UK
Most popular in Australia
Most popular in India
Most popular in Pakistan