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Definition: Fiat currency is a form of money or tender not backed by a tangible asset or commodity like gold or silver. It’s usually mandated by governments, but this isn’t always the case. The ...

The world of currency collecting has transformed dramatically over the past few years, with the collectible market valued at approximately $415 billion in recent years. While most people think of ...

Shorting a currency is usually done in response to a bearish market view on that currency’s exchange rate. In general, shorting currency involves opening a new position by selling one currency and ...

When traveling abroad, savvy travelers shop around for the best deals on flights and accommodations. But mapping out an efficient plan to exchange currency can also lead to significant savings on your ...

One of the more intriguing financial trends that has gained popularity in recent years is the de-dollarization movement. De-dollarization is an effort by a growing number of countries to reduce the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Robert Kelly is managing director of XTS ...

Figuring out how much money is out there in the world is a tricky business. Money isn’t just the cash you see in your wallet; ...

Louisiana House Bill 386 proposes making gold and silver official currency in the state. The bill defines key terms related to precious metals and currency and outlines the Louisiana State Treasurer's ...

Unused foreign currency is a waste of money. Yet we often return home with another country’s tender padding our wallets and jangling in our pockets. According to global charity Oxfam, unutilized ...

Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not ...

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