Question

Difference between hard currency and soft currency

Answer 1

Answer:

Hard currency: Hard currency is very stable; it doesn't change with the changes in the value related with the other currencies which we express as exchange rates. This currency can be converted easily and its value cannot be depreciated.

Soft currency: Soft currency is unstable, unconvertible with other currencies.

Answer 2

Explanation:

Hard currency is very stable and it doesn't change with the changes in the value related with the other currencies which we Express as exchange rates. This currency can be converted easily and its value cannot be depreciated. Soft currency is unstable, unconvertible with the other currencies