A currency in which investors have confidence, such as that of an economically and politically stable country.
National currencies that are freely convertible and traded on international currency markets.
A currency that is actively traded and easily convertible into other currencies.
A currency whose stability investors have confidence in. Examples could be the US Dollar or the Euro.
Hard currency - a currency that can be exchanged for other currencies without any restrictions
Currency that is sought after as a stable standard of exchange and security. The major hard currencies are the U.S. dollar, Deutschemark, Swiss franc and the Japanese yen.
An internationally accepted means of exchange. Hard currencies are currently considered to be U.S. dollars, Japanese yen, and German Marks. Since most international obligations must be paid in hard currency, it is very important to have enough exports, which bring in hard currency, to be able to meet foreign obligations.
currency that is widely accepted around the world, usually because it is the currency of a country with a large and stable market. Examples today include the U.S. dollar and the euro.
currency, such as the US dollar, that is easily convertible to the currency of any other country, in distinction to currency that is local to one country and is often not convertible.
currency of a country with a strong balance of payments. which is unlikely to lose value in the near future.
A currency which is freely convertible into other currencies.
Currency freely convertible and traded on international currency markets.
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It is the hard currency exchanged without restrictions on other currencies.
Any currency for which the exchange rate is stable due to low inflation, and one that is widely used in international commerce.
A freely tradable and deliverable currency such as Sterling or US Dollars.
Any one of the major world currencies that is well traded and easily converted into other currencies.
Currency which is widely accepted for payment or exchange throughout the world. Issued by an economically and politically stable country/economic zone. Examples are Euros and US dollars. See also soft currency.
A currency whose value is expected to remain stable or increase in terms of other currencies.
The term "hard currency" is a carry-over from the days when sound currency was freely convertible into "hard" metal i.e. gold. It is used today to describe a currency which is sufficiently sound so that it is generally accepted internationally at face value.
A currency that is considered difficult to obtain a large numerical value of, one that historically maintains and holds its value very well relative to other currencies, a hard currency often has low inflation rates within the economy. An example of a hard currency includes the Swiss franc, euro and US-dollar.
A common foreign exchange term used to describe a strong currency with long-term stability. These currencies are often used as reserve currencies by central banks. Examples of hard currencies are the U.S. dollar, Japanese yen, Euro, and Swiss franc.
Term used to describe a currency whose value is sound and steady and is generally acceptable at face value internationally.
A freely convertible currency that is not expected to depreciate in value in the foreseeable future.
Any currency that is backed by gold and that can be easily converted into another currency.
A currency, usually from a highly industrialized country, that is widely accepted around the world.
a currency which is sound enough to be accepted internationally and which is usually fully convertible.
Hard currency, in economics, refers to a currency in which investors have confidence, such as that of a politically stable country with low inflation and consistent monetary and fiscal policies, and one that if anything is tending to appreciate against other currencies on a trade-weighted basis. Examples of hard currencies at this time include the United States dollar, the euro, the Japanese yen, the British pound sterling and the Swiss franc. Before its replacement by the euro, the German mark (Deutsche Mark) was considered one of the best hard currencies.