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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 blocCurrency bloc1. A group of countries that share a common currency; a currency area. 2. A group of countries that peg their different national currencies to a single currency. Currency basketCurrency basketThe value of a portfolio of specific amounts of individual currencies, used as the basis for setting the market value of another currency. It is also referred to as a currency cocktail. Currency futures contractCurrency futures contractContract specifying a standard volume of a particular currency to be exchanged on a specific settlement date. European Currency UnitEuropean Currency UnitA weighted average of European Community currencies with weighting tending to be proportional to a country's economy. The ecu has been superseded by the euro. Comptroller of the CurrencyComptroller of the CurrencyA government official, appointed by the president, who keeps control over all national banks, and receives reports from the banks at least quarterly, to be published in newspapers. Further SuggestionsCurrency factorMulticurrency clause currency swap Currency swings Currency speculation Soft currency Currency hedge Common currency Currency overvaluation Currency swap Currency in circulation Under-valued currency Moscow Interbank Currency Exchange (MICEX) Currency in circulation Strong Currency Currency put option Convertible currency Eurocurrency deposit Optimal currency area Currency Currency union Currency diversification Base currency Currency swap Artificial currency |
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