currency in circulation

Definitions

Economics

  • The amount of a country's currency that is in the hands of the public (households, firms, banks, etc), as opposed to sitting in the vaults of the central bank.

Forex

  • The aggregate amount of currency, including banknotes and coins, held by consumers and banks that is moving through the economy of a country at any one time. A major portion of a country's total money supply used in commerce that contributes to its gross domestic product.
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