reserve currency
noun[CorU]
FINANCEukusaparticularcurrencythat isheldby manycountrieswho use it to makepaymentsto othercountries:
Thedollariseffectivelythereservecurrencyof theworld.
Examplesofreserve currency
reserve currency
But incurring such payment deficits also meant that, over time, the deficits would erode confidence in the dollar as thereservecurrencycreated instability.
From
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.As areservecurrencyit is roughly 0.1% of the currency composition of official foreign exchange reserves.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.A gold exchange standard is a mixture of areservecurrencystandard and a gold standard.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.The possibility of the euro's becoming the first internationalreservecurrencyis now widely debated among economists.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.In this report, the current issues with having a national globalreservecurrencyare addressed.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.It is the currency most used in international transactions and is the world's most dominantreservecurrency.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.Since its launch the euro has become the secondreservecurrencyin the world with a quarter of foreign exchanges reserves being in euro.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.While the euro has made substantial progress, a few challenges undermine the ascension of the euro as a majorreservecurrency.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.By the mid 1930s, many governments introduced tariffs and autarkic policies and the pound sterling lost its dominance as areservecurrency.
FromThis example is from Wikipedia and may be reused under a CC BY-SA license.
Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.This can take a relatively long time, as recognition is important in determining areservecurrency.
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Wikipedia
This example is from Wikipedia and may be reused under a CC BY-SA license.These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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