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... > social science subjects > business and management > finance > international finance > international monetary system > reserve currency
... > social science subjects > business and management > international business > international finance > international monetary system > reserve currency
... > social science subjects > business and management > finance > monetary systems > international monetary system > reserve currency
... > social science subjects > economics > macroeconomics > monetary theory > monetary systems > international monetary system > reserve currency

Preferred term

reserve currency  

Definition

  • A reserve currency is one in which institutions (mostly central banks, but also financial institutions or individuals) hold their nondomestic-currency reserves. A reserve currency must meet the requirements of an international currency and there must also be sufficient supply of the currency. [Source: Encyclopedia of Business in Today's World; Reserve Currency]

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https://concepts.sagepub.com/social-science/concept/reserve_currency

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