Hard currency is defined as currency:

A ) Which can hardly be used for international transactions

B ) Which is used in times of war

C ) Which loses its value very fast

D ) Traded in foreign exchange market for which demand is persistently relative to the supply ✅

Related Questions
  1. What would reduce the role of central planning in an economy?
  2. An essential attribute of inflation is:
  3. A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as:
  4. Who among the following is most benefited from inflation?
  5. Which of the following is the most obvious sign of inflation?
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