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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Smithsonian Agreement
real exchange rate
spot
rate differential swap
reciprocal of European terms
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McClellan Oscillator
cost effectiveness
assurer
volatility
all risks policy