People who live in a country that issues a reserve currency can purchase imports and borrow across borders more cheaply than people in other nations because they don't need to exchange their currency to do so. The reserve currency is commonly used in international transactions and often considered a hard currency or safe-haven currency. Rosana Luna Nueva Rar Files Rating: 3,8/5 8497votesĪ reserve currency (or anchor currency) is a currency that is held in significant quantities by governments and institutions as part of their foreign exchange reserves.
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