What would be the use of a single currency if we had less to buy?
One difference is in the nature of the foreign currency involved.
The question of the currency had been a major political issue since the mid-1870s.
In such a standard, the value of currency is set by the federal government.
It is perhaps even more important than the matter of a national currency.
"Do you think we have a lot of hard currency?"
In this post I wanted to talk about how to get hold of local currency.
That bill is a piece of currency in this game.
There will be a 'before and after' in terms of the single currency.
Which is true: we're short of foreign currency, as you know.