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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With H
  5. Hard Currency

Hard Currency

Definition of 'Hard Currency'

A currency traded in a foreign exchange market for which demand is persistently high.

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Related Terms

Hard Capital RationingBase CurrencyConvertible CurrencyQuoted CurrencyBack to Back LoansBasket CurrencyCurrency AppreciationCurrency HedgingCurrency OptionCurrency SwaptionCurrency WarrantDollar RateEurocurrency BankingEuropean Currency Unit (ECU)LeadingLongNettingParallel MatchingReserve CurrencyTransaction Risk

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