currency reserve what is
Meaning of Reserve currency explanation. What is authority for the purposes of exchange.

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Reserve currency definition

Meaning RESERVE CURRENCY: A foreign currency held by a central bank or monetary authority for the purposes of exchange intervention and the settlement of intergovernmental claims

More terms such as Reserve currency in Dictionary R.

Definition Residual Method:
Examples A method of allocating the purchase price for the acquisition of another firm among the acquired assets reserve currency definition.
Definition Reference Rate:
Examples A benchmark interest rate (such as LIBOR) used to specify conditions of an interest rate swap or an interest rate agreement reserve currency explain.
Definition RICO:
Examples Stands for Racketeer Influenced and Corrupt Organization Act. Legislation under/which inside traders may be convicted reserve currency what is.
Definition Russell Indexes:
Examples widely used by pension and mutual fund investors that are weighted by market capitalization and published by the Frank Russell Company of Tacoma, Washington. For example, the Russell 3000 index reserve currency meaning.
Definition Rent Control:
Examples Municipal regulation restricting the amount of rent that a building owner can charge reserve currency abbreviation.
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