any currency, as the U.S. dollar, used as a medium to settle international debts.
[1965-70]
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reserve currency noun
Any stable and easily convertible foreign currency that a government holds in its foreign exchange reserves and uses to finance a large part of its international trade
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Main Entry: ↑reserve
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reserve currency UK US noun [countable] [singular reserve currency plural reserve currencies] business
a currency that is considered strong and reliable and is used a lot in international trade. National banks keep large stores of reserve currencies, which include the US dollar , the British pound , and the Japanese yen .
Thesaurus: currency and currencieshyponym
Useful english dictionary. 2012.