National Currency The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of a nation is usually the predominant currency used for most financial transactions in that country. Investopedia Explains: A handful of national currencies such as the U.S. dollar and the euro have achieved global status as reserve currencies and are extensively used in...
Related to "National Currency" | What Causes A Currency Crisis? Since the early 1990s, there have been many cases of currency investors who have been caught off guard, which lead to runs on currencies and... | |
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