What Is Strong Currency?

The connotation of strong currency is structurally divided into two levels: one is external value, and the other is internal value.

Strong currency

Right!
The connotation of strong currency is structurally divided into two levels: one is external value, and the other is internal value.
Chinese name
Strong currency
which performed
Local currency market exchange rate ups and downs
Solid
Financial phenomenon
determining factors
Market demand
Generally speaking, the connotation of a strong currency is divided into two levels in structure: one is the external value, which is expressed as the market exchange rate of the local currency relative to other currencies; The dominant position, that is, the image of hard currency in the international payment system, international clearing system, international price system, and international reserve system. A strong currency only indicates that the currency has a very strong liquidity, no foreign exchange control, and extremely transparent monetary policies and related data. As for the exchange rate, the market demand is determined by it, and it has nothing to do with strength or weakness.

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