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Reserve currency |
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Reserve currencyA currency that is used as international reserves, often because it is an intervention currency. See also seigniorage.Reserve currencyA foreign currency held by a central bank or monetary authority for the purposes of exchange intervention and the settlement of intergovernmental claims.Reserve currency Similar MatchesMoscow Interbank Currency Exchange (MICEX)Moscow Interbank Currency Exchange (MICEX)Established in 1992, the most liquid and best organized financial exchange in Russia. Multicurrency clauseMulticurrency clauseSuch a clause on a Euro loan permits the borrower to switch from one currency to another currency on a rollover date. Currency hedgeCurrency hedgeApplies mainly to international equities. Hedging technique to guard against foreign exchange fluctuations (i.e., short Euro l00 mm when holding a long position of Euro l00 mm in stocks). Foreign currency optionForeign currency optionAn option that conveys the right (but not the obligation) to buy or sell a specified amount of foreign currency at a specified price within a specified time period. EurocurrencyEurocurrencySee Eurodollar. Further SuggestionsBlocked currencyCurrency basket Multicurrency loans Currency speculation Currency depreciation Over-valued currency Under-valued currency Currency revaluation Foreign currency forward contract Currency Exchange Risk Currency reallignment Reporting currency Optimal currency area currency loan Eurocurrency deposit Composite currency Canonical model of currency crises Currency Currency call option Currency board Currency diversification Currency swap Intervention currency Vehicle currency currency conversion |
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