valtuutushierarkia
Valtuutushierarkia, or currency hierarchy, is a concept in international finance that describes the relative value and status of different currencies in the global market. It is based on the idea that some currencies are more stable, liquid, and widely accepted than others, which makes them more valuable and influential in international trade and finance.
The hierarchy is typically divided into three tiers: hard currencies, semi-hard currencies, and soft currencies. Hard
The currency hierarchy is important for several reasons. First, it affects the terms of trade for countries
The currency hierarchy is not static, and can change over time due to changes in economic conditions,