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