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.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |