Context is: trade term. A national currency such as the dollar or pound sterling, or international currency such as Special Drawing Rights, used by many countries to settle debit balances in their international accounts. Central banks generally hold a large portion of their monetary reserves in reserve currencies, which are sometimes called "key" currencies. See also CurrencyMercantilism; Special Drawing Rights.
A currency that is used as international reserves, often because it is an intervention currency. See also seigniorage.
a currency that countries hold in reserve because of its strength and stability
A currency that all countries can use to pay their international debts. Originally gold, the US dollar was established as the reserve currency at the Bretton Woods Agreement in 1944.
a relatively stable currency held by central banks that can bc used in international trade, e.g. US$, Euro, Yen.
a currency that is used to settle international debts and is held by governments to use in foreign exchange market interventions
a currency which governments and international institutions are willing to hold in their gold and foreign exchange reserves and which finances a significant proportion of international trade
A country's foreign exchange account held by its central bank to make payments and receive proceeds denominated in foreign currencies. It can also be in the form of currencies (eg US dollar) or commodities (eg gold) held in safe custody.
A currency held by a central bank on a permanent basis as a store of international liquidity, these are normally Dollar, Deutschemark, and sterling.
Internationally acceptable currency which is held by other countries as part of their central reserves.
a) A country's foreign exchange account held by the Central Bank for the facilitation of the payments and receipts denominated in foreign currencies; b) A currency or commodity held as a safe haven, usually in US dollars and/or gold.
foreign currency held by a central bank or monetary authority for the purposes of exchange intervention and the settlement of inter-governmental claims.
Currencies held by Central Banks as foreign reserves. These currencies are universally accepted in international debt settlement and are fully convertible. Français: Monnaie de réserve Español: Divisa de reserva, moneda de reserva
A country’s foreign exchange account held by that country’s central bank for the transaction of payments and receipts denominated in foreign currencies. It can also be currency or a commodity held in safe custody, usually in US dollars or gold.
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 traded on a global market, such as oil, gold, etc. More recently, however, nations especially in Asia, have been stockpiling reserves in an effort to strengthen export competitiveness by weakening their own currencies, and also to contain quick and large inflows of capital, and buffer against financial crisis such as the Asian financial crisis.
