Anchor currency - Hutchinson encyclopedia article about Anchor currency Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,578,974,149 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

reserve currency
(redirected from Anchor currency)

    Also found in: Dictionary/thesaurus, Financial, Encyclopedia, Wikipedia 0.01 sec.

reserve currency

In economics, a country's holding of internationally acceptable means of payment (major foreign currencies or gold); central banks also hold the ultimate reserve of money for their domestic banking sector. On the asset side of company balance sheets, undistributed profits are listed as reserves.
How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link 		Feedback
?Sign in SSL protected
Email:
Password:
Register

Mentioned in?  References in periodicals archive?   Hutchinson browser?   Full browser?
 
We have done research which looks at three criteria as to what anchor currency you would pick," he told The Middle East.
Will the GCC finally dump the dollar: controversy continues ... by Smith, Pamela Ann / The Middle East
It is a monetary authority that issues notes and coins convertible on demand into a foreign anchor currency at a fixed rate of exchange.
Example for fiscal prudence by Gulf News (United Arab Emirates)
In his testimony, Bernanke is also expected to maintain the same position as the Treasury Department that a strong greenback would benefit the US economy and that it should remain the world's anchor currency, analysts said.
Euro breaches $1.42 by AFP / AFP Global Edition
 
 
 
Hutchinson Encyclopedia
?

Terms of Use | Privacy policy | Feedback | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.