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Dictionary
Reserve currency

noun
- 1. a strong currency widely used in international trade that a central bank is prepared to hold as part of its foreign exchange reserves.
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Reserve currency
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Foreign currency held by monetary authorities as part of forex reserves
A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. The reserve currency can be used in international transactions, international investments and all aspects of the global economy. It is often considered a hard currency or safe-haven currency. Wikipedia
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