reserve currency
Money stored and used by central banks to intervene in the forex market and to satisfy international obligations. The reserve currency types favored by most central banks include: the U.S. dollar, the Euro, the Japanese Yen and the Pound Sterling.
Browse by Subjects
permitted currency
international reserves
special drawing rights
currency convertibility
See All Related Terms »

away from the market
market capitalisation
Discount arbitrage
gap financing
cash flow statement