What is the definition of a hard currency?

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A currency actively traded on the foreign exchange market with demand consistently matching or exceeding supplyA type of currency utilized during wartimeA currency that rapidly depreciates in valueNone of the above

Explanation

A hard currency is one that is widely traded in the foreign exchange market, where its demand remains steady or surpasses the available supply. This contrasts with currencies that lose value quickly or are used only in specific situations like war.