HARD CURRENCY: It is the international currency in which the highest faith is shown and is needed by every economy.The strongest currency of the world is one which has a high level of liquidity.
SOFT CURRENCY: A term used in the foreign exchange market which denotes the currency that is easily available in any economy in its forex market.
HOT CURRENCY: Hot currency is a term of the forex market and is a temporary name for any hard currency.
HEATED CURRENCY: A term used in the forex market to denote the domestic currency which is under enough pressure (heat) of depreciation due to a hard currency's high tendency of exiting the economy (since it has become hot).
DEAR CURRENCY: This term was popularized by economists in the early 1930s to show the opposite of the cheap currency. when a government issues bonds, the money which flows from the public to the government or the money in the economy in general is called dear currency, also called as dearmoney
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