What is Currency?

Currency it’s also called money and it forms the base of trading. Each country has his own currency which includes paper notes, coins, traveler’s check, money orders and soon will include electronic money or digital cash. The money is issued by the government and moves the economy with it. With the help of money people exchange goods and services. Every country has his own well defined currency the only exception might be the euro which is being used by many European countries. Investors trade currencies on foreign exchange markets thus making these markets the most heavily traded ones on the earth.