Legal tender issued by the monetary authority of a country. The domestic currency is the accepted form of money in the economy, but not necessarily the exclusive currency. Opposite of foreign currency
Related information about domestic currency:
- What is domestic currency? definition and meaning
Definition of domestic currency: Legal tender issued by the monetary authority of a country. The domestic currency is the accepted form of money in the economy ...
- OECD Glossary of Statistical Terms - Domestic currency Definition
Aug 28, 2003 ... The domestic currency is that which is legal tender in the economy and issued by the monetary authority for that economy, or for the common ...
- Foreign Currency Effects Definition | Investopedia
A rising domestic currency means foreign investments will result in lower returns when converted back to the domestic currency. The opposite is true for a ...
- Domestic Currency - Definition of Domestic Currency - QFINANCE
Definition of domestic currency from QFinance - The Ultimate Financial Resource . What is domestic currency? Definitions and meanings of domestic currency.
- Offshore markets for the domestic currency: monetary and financial ...
Abstract: We show in this paper that offshore markets intermediate a large chunk of financial transactions in major reserve currencies such as the US dollar.
- domestic currency - Spanish translation - bab.la English-Spanish ...
Translation for 'domestic currency' in the free Spanish dictionary. More Spanish translations for: , currency, domestic.
- domestic currency denominated government debt ... - Sims page data
abandonment of the domestic currency in favor of the dollar, which would result in all government debt being dollar-denominated. While there are some valid ...
- The Exchange Rate and the Price Level
It is of fundamental importance because every time domestic residents want to buy something abroad they must exchange domestic currency for foreign ...