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Reserve currency - Wikipedia
A reserve currency (or anchor currency) is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. The reserve currency can be used in international transactions, international investments and all
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Xem thêmReserve currencies have come and gone. International currencies in the past have (excluding those discussed below) included the Greek drachma, coined in the fifth century B.C., the Roman denari, the Byzantine
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Xem thêmEconomists debate whether a single reserve currency will always dominate the global economy. Many have recently argued that one currency will almost always dominate due to network externalities(sometimes called "the network effect"),
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Xem thêmUnited States dollar
The United States dollaris the most widely held currency in the allocated reserves, representing about 61% of international foreign currency reserves, which makes it somewhat easier for the United States to run higher trade deficits...
Xem thêmDutch guilder
The Dutch guilder was the de facto reserve currency in Europe in 17th and 18th centuries.
Pound sterling
The United Kingdom's pound sterlingwas the primary reserve...
Xem thêm• Ethan Ilzetzki, Carmen M Reinhart, Kenneth S Rogoff. 2019. "Exchange Arrangements Entering the 21st Century: Which Anchor Will Hold?" The Quarterly Journal of Economics.
• Prasad, Eswar S. (2014). The Dollar Trap: How the U.S. Dollar...
Xem thêm• Commodity currency
• Exorbitant privilege
• Floating currency
• Foreign exchange reserves
• Cryptocurrency...
Xem thêmJohn Maynard Keynes proposed the bancor, a supranational currency to be used as unit of account in international trade, as reserve currency under the
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Foreign exchange reserves - Wikipedia
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro.
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What Is a Reserve Currency?
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Reserve Currency: What Is It? - The Balance
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