- reserve currency
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any currency, as the U.S. dollar, used as a medium to settle international debts.[1965-70]
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Universalium. 2010.
reserve currency
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Reserve currency — A reserve currency (or anchor currency) is a currency which is held in significant quantities by many governments and institutions as part of their foreign exchange reserves. It also tends to be the international pricing currency for products… … Wikipedia
reserve currency — any currency, as the U.S. dollar, used as a medium to settle international debts. [1965 70] * * * reserve currency noun Any stable and easily convertible foreign currency that a government holds in its foreign exchange reserves and uses to… … Useful english dictionary
Reserve currency — A foreign currency held by a central bank or monetary authority for the purposes of exchange intervention and the settlement of inter governmental claims. The New York Times Financial Glossary * * * reserve currency reserve currency ➔ currency *… … Financial and business terms
reserve currency — A foreign currency held by a central bank or monetary authority for the purposes of exchange intervention and the settlement of intergovernmental claims. Bloomberg Financial Dictionary * * * reserve currency reserve currency ➔ currency * * *… … Financial and business terms
Reserve Currency — A foreign currency held by central banks and other major financial institutions as a means to pay off international debt obligations, or to influence their domestic exchange rate. A large percentage of commodities, such as gold and oil, are… … Investment dictionary
reserve currency — UK / US noun [countable] Word forms reserve currency : singular reserve currency plural reserve currencies business a currency that is considered strong and reliable and is used a lot in international trade. National banks keep large stores of… … English dictionary
reserve currency — re serve ,currency noun count BUSINESS a CURRENCY (=type of money used in a particular country) that is considered strong and reliable and is used a lot in international trade. National banks keep large stores of reserve currencies, which include … Usage of the words and phrases in modern English
reserve currency — noun a strong currency widely used in international trade that a central bank is prepared to hold as part of its foreign exchange reserves … English new terms dictionary
reserve currency — A foreign currency that is held by a government because it has confidence in its stability and intends to use it to settle international debts. The US dollar and the pound sterling fulfilled this role for many years but the Japanese yen and the… … Big dictionary of business and management
reserve currency — /rɪ zɜ:v ˌkʌrənsi/ noun a strong currency used in international finance, held by other countries to support their own weaker currencies … Dictionary of banking and finance
