What is Hard Currency? | Banking Awareness For Upcoming Banking Exam 2015

What is Hard Currency?

MONEY you can trust. A hard currency is expected to retain its value, or even benefit from APPRECIATION, against softer currencies. This makes it a popular choice for people involved in international transactions. The dollar, D-MARK, sterling and the Swiss franc each became a hard currency, if only some of the time, during the 20th century.
What is Hard Currency? | Banking Awareness For Upcoming Banking Exam 2015
What is Hard Currency? | Banking Awareness For Upcoming Banking Exam 2015
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