US dollar and Euro banknotes are displayed at a currency exchange office in central Cairo. The common currency, though, has come under attack from time to time. The advantages of having a common currency lie in increasing macro-stability and higher liquidity of financial assets issued in that currency. Beyond the common currency aspect, different economic structures when forced under the same one-size-fit-all policy can create pockets of imbalance. So, what will happen if a country withdraws from the common currency?
Source: Bangkok Post March 14, 2017 21:23 UTC