Tag: Pound sterling

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What is Paper Currency? Why does Paper Currency lose Value over Time?

Paper money or paper currency is a type of fiat money made of paper. The need for paper currency rose because of portability issues...

Understanding Exchange Rates

An Exchange rate is a rate at which one country's currency can be exchanged with another country's currency. It is crucial to determine the...

Most Powerful Currencies in The World

The United Nations recognizes 180 national currencies globally as Legal Tender. These currencies fall under the category of Fiat money. The strength of a...

Five Must-Dos Before Forex Trading

We will not discuss technical and fundamental analysis. Instead, we will discuss the steps before starting forex trading. Forex market is a global marketplace...