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reserve currency
(redirected from Anchor currency)

    Also found in: Financial, Encyclopedia, Wikipedia 0.01 sec.
reserve currency
n.
Currency kept in reserve by a government for the paying of international debts.
reserve currency
n
(Economics) foreign currency that is acceptable as a medium of international payments and that is therefore held in reserve by many countries
Translations
reserve currency n (Fin) → valuta di riserva
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We have done research which looks at three criteria as to what anchor currency you would pick," he told The Middle East.
Will the GCC finally dump the dollar: controversy continues ... by Smith, Pamela Ann / The Middle East
It is a monetary authority that issues notes and coins convertible on demand into a foreign anchor currency at a fixed rate of exchange.
Example for fiscal prudence by Gulf News (United Arab Emirates)
In his testimony, Bernanke is also expected to maintain the same position as the Treasury Department that a strong greenback would benefit the US economy and that it should remain the world's anchor currency, analysts said.
Euro breaches $1.42 by AFP / AFP Global Edition
 
 
 
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