Currency, coin; bank notes, or other paper money issued by authority, and which re continully passing as and for coin. See the (English) Coinage Act, 1870 (33 & 34 Vict. c. 18), repealing 56 Geo. 3, c. 68, and other enactments; and COIN and TENDER.
It includes all currency notes, postal notes, postal orders, money orders, cheques, drafts, travellers cheques, letters of credit, bills of exchange and promissory notes, credit cards or such other similar instruments, as may be notified by the Reserve Bank. [Foreign Exchange Management Act, 1999 (42 of 1999), s. 2 (h)]