international reserve currency
1Reserve 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… …
2reserve 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… …
3Reserve 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… …
4reserve 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… …
5reserve 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 …
6reserve currency — any currency, as the U.S. dollar, used as a medium to settle international debts. [1965 70] * * * …
7reserve 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 …
8reserve 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… …
9reserve currency — /rɪ zɜ:v ˌkʌrənsi/ noun a strong currency used in international finance, held by other countries to support their own weaker currencies …
10International status and usage of the euro — Worldwide use of the euro and US$:   Eurozone …
