major currency
A currency that is sufficiently liquid to be readily convertible to the currency of other nations. Major currency is most often associated with politically stable, highly industrialized nations. The U.S. dollar, British pound, Euro, and Japanese Yen are major currencies. Also called hard currency.
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rate differential swap
Franc
hard currency
Smithsonian Agreement
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Tokyo International Financial Futures Exchange (TIFFE)
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closed end credit
contract of employment