MONEY
In economic System Money is a commodity which is scare & must be valuable
Currency
Any form of money that is in public circulation,use .currency includes both hard money(Coins) & soft money (Paper money).
In other words we can say that currency is generated by governing bodies & it must be accetable by all the community & can easily be used as a sourse of exchangr
"Abdul Mannan Abbasi"
A non convertible currency is a money system that is not part of the FOREX exchange. It cannot be converted into other currency.
english and american currency are both different english money is the pound (£) and american money is dollars ($)
english and american currency are both different english money is the pound (£) and american money is dollars ($)
The difference between purchasing and procurement is that to purchase something with currency or money. Procurement is the obtaining of goods and services through a bartering system.
MB=CU+DEP (Currency +Deposits) MS=CU+DEP+IR (Currency + Deposits+International Reserves)
The difference between a currency future and a currency option is the option is the amount paid is all that is at risk and with future you could lose a lot more.
Ownership in companies is traded in the Stock Market while ownership of foreign money is traded in the currency exchange market.
A fixed currency is used in countries where the value of the money is closely tied to the value of gold, or the value of another country's currency. A floating currency is one that changes depending on the state of the market, i. e. supply and demand.
The main difference between Spanish money and American money is the currency used. Spain uses the Euro as its official currency, while the United States uses the US Dollar. Additionally, the designs and denominations of the banknotes and coins are unique to each country.
the main difference between currency paper and normal paper is that the currency paper is made up of cotton fibres and the normal paper is obtainde from trees
the main difference between currency paper and normal paper is that the currency paper is made up of cotton fibres and the normal paper is obtainde from trees
Pounds is the currency of England and dollars is the currency of America