Global Monetary Economics
Currency refers to the system of money that is in use within a particular country or region, typically including coins and paper notes. It serves as a medium of exchange, a unit of account, and a store of value, facilitating trade and economic activities. The characteristics of currency are crucial in understanding how money supply and demand function, as it impacts inflation, interest rates, and overall economic stability.
congrats on reading the definition of Currency. now let's actually learn it.