A currency is a generally accepted medium of exchange that is issued and circulated by the government and the central banks. This can be in the form of coins and paper. Credit /debit cards are considered an advanced form of currency and are generally referred to as plastic money.
Vincent Nyagaka is a Professional Trader, Analyst & Author. He has been actively engaged in market analysis for the past 7 years. He has a monthly readership of 100,000+ traders and has taught over 1,000 students since 2014. Vincent is also an experienced instructor and public speaker. Check out Vincent’s Professional Trading Course here.