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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 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. Foreign currency forward contractForeign currency forward contractAgreement that obligates its parties to exchange given quantities of currencies at a prespecified exchange rate on a certain future date. Currency in circulationCurrency in circulationPaper money, coins, and demand deposits that constitute all the money circulating in the economy. Currency depreciationCurrency depreciationSee depreciation. Currency optionCurrency optionAn option to buy or sell a foreign currency. Further SuggestionsCurrency put optionCurrency overvaluation European Currency Unit (ECU) Currency futures contract Currency swings Foreign currency mortgage Artificial currency Eurocurrency Currency basket Currency in circulation Currency crisis Currency future Asian Currency Units (ACU) Convertible currency Multicurrency clause Foreign currency futures contract Currency arbitrage Currency hedge Over-valued currency Eurocurrency market Currency basket currency conversion eurocurrency Currency appreciation Virtual currency option |
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