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To fail once is not a reason to give up,instead it gives you the way to fight and face all the circumstances in life.

Saturday, February 9, 2008

Reserve Currency


A reserve currency (or anchor currency) is a currency which is held in significant quantities by many governments and institutions as part of their foreign exchange reserves. It also tends to be the international pricing currency for products traded on a global market, such as oil, gold, etc.

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