78.7k views
2 votes
What does local currency mean

User Joe Huang
by
6.5k points

1 Answer

0 votes
In economics, a local currency is a currency that can be spent in a particular geographical locality at participating organisations. A regional currency is a form of local currency encompassing a larger geographical area, while a community currency might be local or be used for exchange within an online community.
User Amador
by
6.8k points