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  2. Share Prices
  3. Finance Glossary
  4. Terms Beginning With R
  5. Reserve Currency

Reserve Currency

Definition of 'Reserve Currency'

The currency which is most used by governments and institutions for holding cash reserves. Currently, it is the US dollar.

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Related Terms

Federal ReserveRequired Reserve RatioReserve RatioBase CurrencyConvertible CurrencyQuoted CurrencyBack to Back LoansBasket CurrencyCurrency AppreciationCurrency HedgingCurrency OptionCurrency SwaptionCurrency WarrantDollar RateEurocurrency BankingEuropean Currency Unit (ECU)Hard CurrencyLeadingLongNetting

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