major currency
A currency that is sufficiently liquid to be readily convertible to the currency of other nations. Major currency is most often associated with politically stable, highly industrialized nations. The U.S. dollar, British pound, Euro, and Japanese Yen are major currencies. Also called hard currency.
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reciprocal of European terms
spot
permitted currency
real exchange rate
rate differential swap
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self-regulatory organization (SRO)
dear money
exports
independent company
unappropriated profits