Definitions for "Reserve currency"
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
Keywords:  drift, walk, random, round, turn
round turn Random walk with drift
Keywords:  spot, exchange, transaction, rates
Spot exchange rates Spot transaction
Keywords:  ratios, requirements
Reserve ratios Reserve requirements