Money is a word common to all the basic functions of bank. Money can be defined as anything which passes from hand to hand and is generally acceptable...
Today anyone will accept money in exchange for goods and services. People use money to buy food, furniture, books, bicycles and hundreds of other thin...
Finance means the circulation of funds. It includes all economic operations directly related to the currency, the credit, and the circulation of money...
Whenever banks are mentioned in China, it is natural to be associated with the People's Bank of China. This is because its branches can be found i...
The U.S. Secret Service estimates that some $1 billion of counterfeit U.S. dollars are printed every year. Ninety percent of that amount is confiscate...
Every country with an established banking system has a central bank, which acts as banker to the Government in the widest sense. It liaises with and a...
In 1785 the Congress of the United States chose the dollar, which is made up of 100 cents, as the basic unit of money.1785年，美国国会选用美元作为基本的货币单位，一美元分为一百美...
Today every country buys from and sells to other countries. If one country has more bananas than it needs, but no trucks, it may exchange the bananas ...
The International Monetary Fund, which began active exchange operations on 1 March 1947, had, by 31 December 1970, concluded exchange transactions wit...
Foreign Exchange dealings take place on the Foreign Exchange market，they may be subject to Exchange Control. The Foreign Exchange market consists of t...