Whenever the word currency is spoken, a euro or dollar sign floats in front of our eyes. A currency is nothing but the money, also known as medium of exchange, which is commonly used in a particular nation for transaction between an individual and business. Earlier when medium of exchange was not their or was in unstable mode, trading among people or countries was done through a Barter system. In the barter exchange system, an individual or business was supposed to directly exchange their goods and services by other goods and services without using medium of exchange or currency.
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