The US is the world reseve currency..what does that mean?
in simplest terms?
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This entry was posted on Sunday, June 29th, 2008 at 9:22 am and is filed under Currency Trading. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
June 29th, 2008 at 9:22 am
"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."