Economics · Foreign Exchange
In the foreign exchange market, 'Soft Currency' refers to a currency:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Which cannot be converted into gold
- 2Whose exchange rate is fixed by international treaties
- 3Whose supply is persistently higher than its global market demand✓
- 4Whose supply is lower than its global market demand
Correct answer
Whose supply is persistently higher than its global market demand
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