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Home > QFINANCE Dictionary > Definition of currency unit

Definition of

currency unit

Currency & Exchange

coin or bill in specific monetary system each of the notes and coins that are the medium of exchange in a country

Recommended Further Reading (Term count)
  • A Single Currency for Asia?
    by Amitendu Palit
    Asia’s efforts to move toward a common regional currency appear to have stalled. Although the Asian financial crisis of 1997 created the tempo for greater monetary policy and exchange rate coordination in the region, large heterogeneities in economic structures, policies, and institutions among regional economies have prevented decisive moves to a common currency. Asia lacks appropriate institutions for adopting common monetary policies and...

Definitions of ’currency unit’ and meaning of ’currency unit’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’currency unit’ and other financial terms with our online QFINANCE Financial Dictionary.

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