• Forex
  • Investments
  • Loyalty program
  • Promotions and contests
  • Analysis
  • Getting started
  • About us

Reserve currency

Reserve currency was formerly considered a monetary unit which, in accordance with the circumstances of the issuing country, could be exchanged for gold at any time. As such, other states considered this currency as a safe investment asset and purchased it. At different times the GBP and USD were popular reserve currencies. The reserve currency of today is any currency with a stable value (without sharp fluctuations) which can be freely exchanged into monetary units of another country and aids the issuing state to service their debts.
Share:

There's a better website for you

A new exciting website with services that better suit your location has recently launched!

Sign up here to collect your 30% Welcome Bonus.