Alison's New App is now available on iOS and Android! Download Now

Currency Exchange - Revised

Learn about currency exchange, treasury bonds, trade imbalance, and the American-Chinese debt loop with this course.

Publisher: Khan Academy
This free online course in currency exchange will give you a better understanding of currency exchange and its role in a country's development. For many, currency exchange is about buying foreign money for a vacation, but on an international scale currency exchange is hugely important; involving treasuries, bonds, imports and exports, trade imbalances, and the borrowing costs of a country, vital considerations for any trader or economist.
Currency Exchange - Revised
  • Duration

  • Students

  • Accreditation


Share This Course And
Earn Money  

Become an Affiliate Member





View course modules


Currency exchange is, as the name implies, the exchange of one currency to another. It is also the value of one currency in relation to another currency. This course will introduce you to currency exchange how it works. You will study the treasury bond or T-bond which is a marketable, fixed-interest U.S. government debt security that has a maturity of more than 10 years. You will also learn about liquid assets.

You will then study the effect of currency on trade and look into the currency Chinese Yuan. You will learn that China buys the available excess U.S. dollars from the open market in the form of treasury bonds. This helps keep the US dollar inflated and the Yuan deflated. You will look at the rationale and effects of the American-Chinese debt loop, and learn how countries trade and lend money for development and growth.

Currency is a system of money in general use in a particular country. By the end of this course, you will learn how currency is valued, devalued, and how countries trade and lend money to each other. You will also learn the knock-on effects of a lack of demand for Treasury bonds to a country and the costs thereafter. So, check out this course and start learning more about the role currency exchange practices play in the financial system.

Start Course Now