National Currency

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Dictionary Says

Definition of 'National Currency'

The currency or legal tender issued by a nation's central bank or monetary authority. The national currency of a nation is usually the predominant currency used for most financial transactions in that country.
Investopedia Says

Investopedia explains 'National Currency'

A handful of national currencies such as the U.S. dollar and the euro have achieved global status as reserve currencies and are extensively used in international trade transactions. The euro has supplanted the national currencies of a number of nations that comprise the European Union. The national currencies of some countries such as the United Arab Emirates are pegged or fixed to the U.S. dollar.
Search results for

'National Currency'

  • An Introduction To Complementary Currencies

    http://www.investopedia.com/articles/economics/11/introduction-complementary-currencies.asp
    ... A complementary currency is a medium of exchange that functions alongside a national
    currency, to fulfill a need that the national currency seemingly does not. ...

  • The History Of Money: Currency Wars

    http://www.investopedia.com/articles/07/cash_wars.asp
    ... The US Treasury then worked to get greenbacks out of circulation so that
    the national bank notes would become the only currency. ...

  • The Banking System: Commercial Banking - How Banks Are Regulated ...

    http://www.investopedia.com/university/banking-system/banking-system6.asp
    ... The current national bank system can be traced back to President Lincoln and the
    passage of the National Currency Act in 1863, and the National Bank Act in 1864 ...

  • One World, One Currency: Could It Work? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0310/One-World-One-Currency-Could-It-Work.aspx
    ... Under a global currency, this type of aggressive management of a national
    economy would not be possible. Monetary policy could not ...

  • The Evolution Of Banking

    http://www.investopedia.com/articles/07/banking.asp
    ... This national bank, after a few stops, starts, cancellations and resurrections,
    created a uniform national currency and set up a system by which national banks ...

  • How are foreign exchange rates affected by commodity price ...

    http://www.investopedia.com/ask/answers/06/forexcommodities.asp
    ... Generally speaking, the more dependent a country is on a primary domestic industry,
    the stronger the correlation between the national currency and the ...

  • Iceland's Near Collapse: What Can We Learn?

    http://www.investopedia.com/articles/economics/09/iceland-bankruptcy.asp
    ... When a national currency and homeland banks aren't viewed as very stable, traveling
    outside of the country becomes difficult for citizens. ...

  • 5 Tales Of Out-Of-Control Inflation - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0709/5-Tales-Of-Out-Of-Control-Inflation.aspx
    ... Below are some of the most frightening examples of what can happen when a national
    currency quickly become less valuable than the paper - or coin – it's ...

  • Financial Regulators: Who They Are And What They Do

    http://www.investopedia.com/articles/economics/09/financial-regulatory-body.asp
    ... of the Currency One of the oldest federal agencies, the Office of the Comptroller
    of the Currency (OCC) was established in 1863 by the national Currency Act. ...

  • Forex: Wading Into The Currency Market

    http://www.investopedia.com/articles/forex/06/FirstStepsFX.asp
    ... The National Futures Association keeps records of all formal proceedings against ...
    politics and geopolitical risks can also affect a currency's trading behavior. ...

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