what is hard currince

Answer Posted / satya kishore

Hard currency or strong currency, in economics, refers to a
globally traded currency that can serve as a reliable and
stable store of value. Factors contributing to a currency's
hard status can include political stability, low inflation,
consistent monetary and fiscal policies, backing by
reserves of precious metals, and long-term stable or upward-
trending valuation against other currencies on a trade-
weighted basis

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand-------NSAC

1490


what is portfolio Saint?

1506


sort out the difference between service provider & service reciepient from the service tax.

1650


HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.

1874


Short Answer on ___________Appreciation

1499






reason for difference in Balance sheet (Asset side & Liabilites side)

1564


How do you manage the sales account in tally

1585


What is the mening of uidnvhe.?

2457


i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

1819


What do you mean Business

1826


what is the main difference between nse & bse operations

1541


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1264


Could u show me the sample TDS Document / Template

1641


difference between vat 47 & vat 49

2710


How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?

1445