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reserve currency

noun
1.
any currency, as the U.S. dollar, used as a medium to settle international debts.
Origin
1965-1970
1965-70
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for reserve currency
  • The dollar replaced gold as the world's chief reserve currency.
  • The dollar collapsed, and the yuan replaced it as a global reserve currency.
  • The value of the dollar is inflated because it is also used as a reserve currency and monetary base.
  • The need for monetary policy in the reserve currency nations to be more oriented towards global conditions must be accepted.
  • The outlook for the dollar's continued reserve currency status was also discussed.
  • We have the privilege of being the reserve currency of the world.
  • Once these conditions are in place, it will make sense to use the yuan as a reserve currency.
  • The call for a global reserve currency will be proven only rhetoric in the end.
  • Its days as the world's reserve currency are numbered.
  • The dollar has some room for depreciation without affected its status as the world's reserve currency.
British Dictionary definitions for reserve currency

reserve currency

noun
1.
foreign currency that is acceptable as a medium of international payments and that is therefore held in reserve by many countries
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Difficulty index for reserve currency

Few English speakers likely know this word

Word Value for reserve

10
11
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