China Industrial and Commercial Bank's online banking settlement and sale currencies include: US dollar, British pound, Hong Kong dollar, Euro, Australian dollar, Canadian dollar, Swiss franc, Singapore dollar, Japanese yen, ruble, New Zealand dollar, Norwegian kroner, Danish kroner, Swedish kroner, Macau pataca, Thai baht, Korean won and South African rand.
: currency
Money is the product of commodity exchange, which breaks away from the commodity world and acts as a commodity in the universal equivalent. Commonly known as money. Money is a tool to measure prices, a medium to buy goods and a means to preserve wealth. It is a contract between property owners and the market about exchange rights, and it is essentially an agreement between property owners. Including currency and banknotes in circulation.
There are still many arguments about the nature of money in academic circles. Traditionally, money has the following definitions:
1, generally accepted goods used to pay for goods and services and pay off debts;
2, as a medium of exchange value, storage, price standards and deferred payment standards;
3. Excessive supply or demand will cause excessive demand for other assets or supply assets;
4. purchasing power temporary residence;
5. Liquidity assets as public net wealth do not pay interest;
6. The largest current assets related to national income, etc.
The latest monetary theory holds that money is a contract between property owners and the market about exchange rights, and it is essentially an agreement between owners. Formally, according to the commodity value of money, it can be divided into physical money and formal money. Physical currency itself is a special commodity, including value, such as sheep and precious metals. Formal currency itself has no value, its value is agreed by contract, only the contract value. The two forms are different, but they are essentially unified, that is, they are both agreed as exchange media and have contractual value. The purchasing power of money depends on the contract value of money, but the purchasing power of physical money will also be affected by its own commodity value. Usually, the commodity value of physical currency is less than its contract value as currency.