valutud
Valutud is a term used in economic and financial contexts to refer to currencies, i.e., the monetary units that function as a medium of exchange in different countries. The word appears in Estonian-language texts where valutud is used to denote multiple currencies in discussions of exchange rates, reserves, and international finance. It is common in datasets, statistical reports, and comparative analyses of monetary conditions.
In practice, valutud include both domestic currencies and foreign currencies held for trade and reserve purposes.
Policies and market mechanisms shape the valuing and stability of valutud. Monetary policy, interest rate decisions,
History and examples: The global system has long consisted of many national valutud. The adoption of a
See also: currency, foreign exchange, monetary policy, exchange rate, reserve holdings.