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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 MatchesCurrency arbitrageCurrency arbitrageTaking advantage of divergences in exchange rates in different money markets by buying a currency in one market and selling it in another market. Currency depreciationCurrency depreciationSee depreciation. Over-valued currencyOver-valued currencyThe situation of a currency whose value on the exchange market is higher than is believed to be sustainable. This may be due to a pegged or managed rate that is above the market-clearing rate, or, under a floating rate, it may be due to speculative capital inflows. Contrasts with under-valued currency. Currency in circulationCurrency in circulationThe amount of a country's currency that is in the hands of the public (households, firms, banks, etc), as opposed to sitting in the vaults of the central bank. Currency Exchange RiskCurrency Exchange RiskUncertainty about the rate at which revenues or costs denominated in one currency can be converted into another currency. Further SuggestionsForeign currency translationcurrency conversion Eurocurrency eurocurrency Currency devaluation Currency risk Foreign currency option Eurocurrency deposit Currency crisis currency swap Eurocurrency market Currency no longer issued Currency appreciation Currency futures contract Soft currency Currency in circulation currency Currency reallignment Strong Currency Multicurrency clause Currency swings Currency swap Currency risk sharing Currency speculation Hard currency |
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