Definition
One of the national currencies (dollar, euro, yen, etc.) or IMF's special drawing rights (SDR) used by a country to hold its foreign currency reserves and gold for settling international trade transactions and other obligations.
Related Articles
- What is a Credit Union? *
- Choose Mutual Funds Carefully *
- Savings Bonds *
- Understanding Sales Tax *
- Different Types of IRAs *
- Investment Clubs *
- Introduction to Stocks *
- Prospectuses, Annual Reports, and Other Documents *
Related Videos
http://www.businessdictionary.com/definition/reserve-currency.html


