Mercury Finance

Focusing on Providing Professional Currency Service

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OUR TEAM PROVIDES PROFESSIONAL FOREIGN EXCHANGE ADVICE AND HIGH-QUALITY SERVICE

Mercury Finance – focusing on providing professional currency service.

Currency Exchange

Focusing on Providing Professional Currency Service

“Currency Exchange” is a way of payment in foreign currency that can be used for international settlement. The official definition of International Monetary Fund about foreign exchange is that foreign exchange is the creditor’s rights held by monetary authorities (central Banks, monetary institutions, exchange stabilization funds and the ministry of finance) in the form of bank deposits, Treasury bills, long-term and short-term government securities, etc., which can be used in the event of balance of payments deficit Including: foreign currency, foreign currency deposits, foreign currency securities (government bonds, Treasury bills, corporate bonds, stocks, etc.), foreign currency payment certificates (bills, bank deposit receipts, postal receipts, etc.).

Commodity currency has always occupied a special position in foreign exchange transactions. The initial definition of commodity currency refers to the currency with physical support, which means that in addition to the credit of the government endorsement, this currency has other intrinsic value, like the former gold and silver is the typical commodity currency. Mainly including Australian dollar, Canadian dollar and New Zealand dollar. Australian dollar, also known as AUD, is a minor currency in foreign exchange trading, which is less active than the U.S. dollar, the Euro and the British pound.