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Definition of

hard currency

Currency & Exchange

money traded in foreign exchange market a currency that is traded in a foreign exchange market and for which demand is persistently high relative to its supply.

Related definitions of "hard currency"

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

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