Discover what a national currency is, how it functions as legal tender, and its role in global trade and economic stability. Learn how currencies like the U.S. Dollar influence economies.

Currency is a medium of exchange for goods and services. In industrialized nations, currency primarily consists of bank notes and government-issued paper money and coins. In less-developed societies, ...

The foreign exchange market plays a crucial role in global trade. Institutions such as banks can buy and sell currencies like the euro or the yuan. As a result, international trading and investments ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in ...