Definitions from the Web
National Currency
Description:
National currency refers to the official currency of a particular country, used for transactions, trade, and financial activities within its borders. It represents the monetary system of a nation and typically holds the status of legal tender, which means it must be accepted as a form of payment within the country.
Senses and Usages:
- Part of Speech: Noun
- Sense: Official currency of a country
- Example Sentence: The national currency of the United States is the United States dollar.
- Sense: Exchange rates and conversion
- Example Sentence: The business traveler exchanged their national currency for the local currency at the airport.
- Sense: Stability and fluctuations
- Example Sentence: The central bank keeps a close watch on the national currency's value in order to maintain economic stability.
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