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Hard currency |
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Hard currencyA currency which is generally accepted throughout the world and which is unlikely to devalue. Examples are the deutschmark, dollar and Swiss franc.Hard currencyA freely convertible currency that is not expected to depreciate in value in the foreseeable future.Hard currency Similar MatchesCurrency blocCurrency bloc1. A group of countries that share a common currency; a currency area. 2. A group of countries that peg their different national currencies to a single currency. Currency riskCurrency riskRelated: Exchange rate risk Currency in circulationCurrency in circulationPaper money, coins, and demand deposits that constitute all the money circulating in the economy. Virtual currency optionVirtual currency optionA new option contract introduced by the PHLX in 1994 that is settled in US dollars rather than in the underlying currency. These options are also called 3-Ds (dollar-denominated delivery). Currency diversificationCurrency diversificationUsing more than one currency as an investing or financing strategy. Exposure to a diversified currency portfolio typically entails less exchange rate risk than if all the portfolio exposure were in a single foreign currency. Further SuggestionsCurrency swingsCurrency call option Currency Board Currency arbitrage Comptroller of the Currency Currency Exchange Risk Strong Currency Currency board Currency reallignment Foreign currency futures contract Optimal currency area Currency swap Net currency exposure Vehicle currency Foreign currency mortgage currency Currency appreciation Under-valued currency Foreign currency option Currency in circulation Reporting currency Convertible currency Currency Currency risk Moscow Interbank Currency Exchange (MICEX) |
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