Currency

Dollar
The term 'dollar' and its usage in various countries.
Flight from Money
Understanding the phenomenon where high inflation causes people to abandon their country's currency.
Scarce Currency Clause
A provision in the original rules of the International Monetary Fund (IMF) to address potential scarcity in its currency stocks.
'Bad Money Drives Out Good' - Definition and Meaning
An exploration of the economic principle that 'bad money drives out good,' commonly known as Gresham’s Law.
Coin
Money consisting of solid tokens, typically of metal.
Currency
Comprehensive entry discussing the concept, definition, and context of 'Currency' in economics, especially in international trade.
Demonetization
The withdrawal from a currency or precious metal of its acceptance as a form of money. Gold was demonetized as an international currency in 1971 by the Group of Seven governments.
Deutschmark
The currency of West Germany and later Germany until its replacement by the euro in 2002.
Euro - The Single European Currency
An overview of the Euro, its adoption, historical context, and significance within the European Monetary Union.
Eurozone
Countries that have abolished their national currencies and adopted the euro.
Exchange Rate Regime
A comprehensive overview of the systems by which exchange rates between different currencies are determined.
Fiat Money - Definition and Meaning
Fiat money: A form of currency that holds value primarily because a government decrees it to be legal tender, without intrinsic or commodity value.
Green Pound
A notional unit of currency introduced as part of the European Community’s Common Agricultural Policy to stabilize farm product prices amid fluctuating exchange rates.
Hot Money - Definition and Meaning
Money in bank balances or liquid securities which is liable to rapid removal to other countries if the holders suspect that the currency will depreciate.
Managed Currency
A type of currency system influenced by governmental interventions in foreign exchange markets to stabilize or alter currency values.
Money
Entry defining the term 'money' as a medium of exchange and store of value, including different forms and historical contexts.
Multiple Exchange Rates
A system in which a country’s currency has more than one exchange rate depending on various factors such as the holder of the currency or the purpose of use.
Over-valued Currency
Over-valued currency - a currency whose exchange rate is too high for a sustainable equilibrium in the balance of payments
Petro-currency - Definition and Meaning
The currency of a country heavily dependent on oil exports. The exchange rate of a petro-currency is strongly influenced by the world price of oil.
Pound
Definition and meaning of the term 'Pound' in economics, including its uses and contexts.
Rate of Exchange
A detailed examination of the term 'Rate of Exchange' in economic context, including definitions, historical background, and relevant analytical frameworks.
Real Effective Exchange Rate
The real effective exchange rate (REER) is the exchange rate of a country’s currency against a weighted combination of other currencies, adjusted for relative consumer prices, and reflects the overall competitiveness of the country.
Reserve Currency
A currency used as foreign exchange reserves by other countries.
Single Currency
An economic term referring to a currency used by two or more countries.
Soft Currency
A comprehensive examination of the term 'soft currency,' its implications, and comparisons within economic frameworks.
Sterling
Detailed entry on the definition, meaning, and historical context of the term 'Sterling' in economics.
Strengthening of a Currency
A rise in the price of one currency in terms of others due to increased demand.
Sucre - A Regional Currency in Latin America
An exploration of the Sucre, a regional currency introduced in 2009 by a group of Latin American countries.
Under-Valued Currency
A detailed exploration of the concept of an under-valued currency, its consequences, causes, and related economic aspects.
Vehicle Currency
An economic term denoting a currency widely used in international trade transactions between countries that do not use that currency domestically.
Hard Currency
A comprehensive explanation of hard currency, including its definition, historical context, major analytical frameworks, and comparative analysis.