The Euro
- National currency of France is the Euro.
- 1 Euro equals 1.08 US Dollar. The Euro is managed and administrated by the European Central Bank (ECB) in Frankfurt. It is printed, minted and distributed in all member states by the Euro system, a network of the central banks of member countries. The US dollar is managed by the Federal Reserve. The Euro is the second largest reserve currency and the second most traded currency in the world. As of September 2012, there were more than €915 billion in circulation, making it the currency with the highest combination of banknotes and coins in circulation in the world. The US government keeps over $800 billion in cash in circulation. It is the largest reserve currency and the most traded currency in the world.
- France has an advanced industrial economy and an efficient farm sector. Main activities include automobile manufacturing, aerospace, information technology, electronics, chemicals and pharmaceuticals and fashion.