Hard Currency is defined as currency ........

Indian Economy (Easy) Money and banking

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Hard Currency is defined as currency:

which can hardly be used for international transactions

which is used in times ofwar

which loses its value veryfast

traded in foreign exchange market for which demand is persistently relative to thesupply

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Explanation:

Hard currency refers to money that is issued by a nation that is seen as politically and economically stable. Hard currencies are widely accepted around the world as a form of payment for goods and services and may be preferred over the domestic currency.