Reserve currency: Difference between revisions
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imported>Doug Williamson (Create page. Sources: The Treasurer, April 2017, p39 & Oxford English Dictionary.) |
imported>Doug Williamson (Classify page.) |
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A stable currency widely used in international trade, that central banks are willing to hold as part of their reserves of foreign exchange. | A stable currency widely used in international trade, that central banks are willing to hold as part of their reserves of foreign exchange. | ||
The world's largest reserve currency is the US dollar. | |||
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*[[Central bank]] | *[[Central bank]] | ||
*[[Currency]] | *[[Currency]] | ||
*[[Fiat currency]] | |||
*[[Hard currency]] | |||
*[[Reserves]] | *[[Reserves]] | ||
*[[Soft currency]] | |||
*[[United States]] | |||
[[Category:The_business_context]] | |||
Latest revision as of 08:31, 2 July 2022
A stable currency widely used in international trade, that central banks are willing to hold as part of their reserves of foreign exchange.
The world's largest reserve currency is the US dollar.
