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Difference Among Hard Currency, Index Based Currency, Global Currency.

Updated May 18, 2018

Hello Experts,

Could some one please explain me about difference among hard currency, indexbased currency, global currency, As i came to know that these currencies are parallel currencies and we can use max 2 per company code, in what scenario we can use 2 parallel currencies and can we use for only reporting or for transactions also?

thanks in advance