What is the meaning of Reserve currency?

Reserve currency is a foreign currency held by a central bank or monetary authority for the purposes of exchange intervention and the settlement of intergovernmental claims.

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APABarry Goldsmith. (2010). reserve currency. Retrieved September 30, 2026, from http://smartdefine.org/reserve_currency/definitions/1162336
ChicagoBarry Goldsmith. 2010. "reserve currency" http://smartdefine.org/reserve_currency/definitions/1162336 (accessed September 30, 2026).
HarvardBarry Goldsmith 2010, reserve currency, Smart Define, viewed 30 September, 2026, <http://smartdefine.org/reserve_currency/definitions/1162336>.
MLABarry Goldsmith. "reserve currency" 21 October 2010. Web. 30 September 2026. <http://smartdefine.org/reserve_currency/definitions/1162336>