What is the asset near the currency
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Near money is a financial economics term describing non-cash assets that are highly liquid and easily converted to cash. Near money can also be referred to as quasi-money or cash equivalents. The nearness of nearmoneys is important for determining liquidity levels
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Near money is a financial economics term describing non-cash assets that are highly liquid and easily converted to cash. Near money can also be referred to as quasi-money or cash equivalents. The nearness of near moneys is important for determining liquidity levels.
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