currency reserves
41Optimum currency area — In economics, an optimum currency area (OCA), also known as an optimal currency region (OCR), is a geographical region in which it would maximize economic efficiency to have the entire region share a single currency. It describes the optimal… …
42Hard currency — or strong currency, in economics, refers to a globally traded currency that can serve as a reliable and stable store of value. Factors contributing to a currency s hard status can include political stability, low inflation, consistent monetary… …
43History of Canadian currency — Canada has an extensive history with regards to its currency. Beginning in the early 16th Century, items such as wampum and furs were actually considered currency. With the colonization of France and England, various coins were introduced in the… …
44COINS AND CURRENCY — Jewish and Non Jewish Coins in Ancient Palestine THE PRE MONETARY PERIOD Means of payment are mentioned in the Bible on various occasions; the relevant passages in their chronological order reflect the development of these means from stage to… …
45Brunei Currency and Monetary Board — Infobox Central bank bank name = Brunei Currency and Monetary Board bank name in local = image 1 = Brunei 2006 circulating coins.jpg image title 1 = Current Circulation Coins image title 2 = February 1, 2004 headquarters = Bandar Seri Begawan,… …
46Hard currency — A freely convertible currency that is not expected to depreciate in value in the foreseeable future. The New York Times Financial Glossary * * * hard currency hard currency ➔ currency * * * A currency that can be traded and exchanged, and in… …
47hard currency — A freely convertible currency that is not expected to depreciate in value in the foreseeable future. Bloomberg Financial Dictionary * * * hard currency hard currency ➔ currency * * * A currency that can be traded and exchanged, and in which… …
48Highest valued currency unit — The highest valued currency unit is the currency in which a single unit buys the highest number of any given other currency or the largest amount of a given good. Most commonly the calculation is made against a major reserve currency such as the… …
49Floating currency — A floating currency is a currency that uses a floating exchange rate as its exchange rate regime. A floating currency is contrasted with a fixed currency.In the modern world, the majority of the world s currencies are officially but not really… …
50reserve 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… …
