World reserve currency
A reserve currency, or anchor currency, is a currency that is held in significant quantities by many governments and institutions as part of their foreign exchange reserves. This permits the issuing country to purchase the commodities at a marginally lower rate than other nations, which must exchange their currencies with each purchase and pay a transaction cost. For major currencies, this transaction cost is negligible with respect to the price of the commodity.

This is an excerpt from the article World reserve currency from the Wikipedia free encyclopedia. A list of authors is available at Wikipedia.
The article World reserve currency at en.wikipedia.org was accessed 61 times in the last 30 days. (as of: 06/07/2013)
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China And Australia Say Goodbye To World Reserve Currency In ...
Apr 1, 2013 ... This is serious business, the Pound-Sterling was the world's reserve currency for 200 years & the UK took a big hit when it was replaced by the ...
lonelyconservative.com/2013/04/china-and-australia-say-goodbye-to-world-reserve-currency-in-trade-deal/
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Dollar's Reign as World's Main Reserve…
The U.S. dollar will soon have to share the role of the world's currency, argues UC Berkeley economist Barry Eichengreen in The Wall Street Journal. He explains why ...
online.wsj.com/article/SB10001424052748703313304576132170181013248.html
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Reserve currency - Wikipedia, the free encyclopedia
Unallocated reserves are not included in this graph, although they are over 45% of total world foreign exchange holdings. A reserve currency, or anchor ...
en.wikipedia.org/wiki/Reserve_currency
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Thanks, World Reserve Currency, But No Thanks: Australia And ...
Mar 31, 2013 ... A month ago we pointed out that as a result of Australia's unprecedented reliance on China as a target export market, accounting for nearly ...
www.zerohedge.com/news/2013-03-31/thanks-world-reserve-currency-no-thanks-australia-and-china-enable-direct-currency-c
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What's happening with world's reserve currency - Daily Herald
Apr 7, 2013 ... In 1971, after President Nixon took the U.S. off the gold standard, the dollar was tied to oil for strength as the world's reserve currency, ...
www.heraldextra.com/news/opinion/mailbag/what-s-happening-with-world-s-reserve-currency/article_e983d8b5-ab39-5cda-bba8-da7dc5d2bf6b.html
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Blog: China and the Dollar's Global Reserve Currency Status
Apr 2, 2013 ... The Chinese and Australian move to oust the U.S. dollar as the world's reserve currency gained full steam over the weekend with Australian ...
www.americanthinker.com/blog/2013/04/china_and_the_dollars_global_reserve_currency_status.html
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The Retirement of Sterling as a Reserve…
By Catherine Schenk “ The global reserves system is coming under increased scrutiny both as a contributor to the global crisis and as a threat to future stability.
www.worldfinancialreview.com/?p=511
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Shift From U.S. Dollar As World Reserve Currency Underway - What ...
May 23, 2013 ... The move away from using the U.S. dollar in international trade by many major countries will have massive implications for the U.S. economy.
www.munknee.com/2013/05/shift-from-u-s-dollar-as-world-reserve-currency-underway-what-will-this-mean-for-america/
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Jeff Cox | U.S. Dollar losing status as world's reserve currency ...
13 hours ago ... The U.S dollar is shrinking as a percentage of the world's currency supply, raising concerns that the greenback is about to see its long run as ...
conservatives4palin.com/2013/05/jeff-cox-u-s-dollar-losing-status-as-worlds-reserve-currency.html
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Is the Chinese Renminbi the Next Global Reserve Currency ...
Mar 29, 2013... U.S. dollar as the world's leading reserve currency. China is destined to surpass the U.S. as the world's largest economy, the thinking goes, ...
www.theatlantic.com/china/archive/2013/03/is-the-chinese-renminbi-the-next-global-reserve-currency/274454/
Search results for "World reserve currency"
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World reserve currency in science
Blog: China and the Dollar's Global Reserve Currency Status
Apr 2, 2013 ... Presidents of major universities were asked to encourage their faculty ... The U.S. dollar has been the world's reserve currency since the end of ...
Yuan unlikely to topple US dollar as world's reserve currency - The ...
Jan 27, 2013 ... Yuan unlikely to topple US dollar as world's reserve currency. ... H. Summers, Charles W. Eliot University Professor, Harvard University, and a ...
Matteo Maggiori - New York University
New York University, Stern School of Business ... This country's currency emerges as the world's reserve currency because it appreciates during crises and so ...
What's happening with world's reserve currency - Daily Herald
Apr 7, 2013 ... In 1971, after President Nixon took the U.S. off the gold standard, the dollar was tied to oil for strength as the world's reserve currency, ...
Australia to Bypass U.S. Dollar, Convert Directly into Chinese Yuan
Apr 2, 2013... to bypass the U.S. dollar as the world's reserve currency and allow for ... Reign Is Near An End,” University of California, Berkeley economics ...
[PDF]Managing a Multiple Reserve Currency World - University of ...
Managing a Multiple Reserve Currency World. Barry Eichengreen. University of California, Berkeley. April 2010. Reforming the international monetary system is ...
World News: Reserve Currency - Gold Standard
Yuan Unlikely to Topple US Dollar as World's Reserve Currency · Print, Email ... Charles W. Eliot University Professor, Harvard University, and a former US ...
Dick Bove: Dollar Will Lose World's Reserve Currency Status
Feb 15, 2013 ... The U.S. dollar losing its status as the world's currency reserve would be ... funding markets,” Barry Eichengreen, a professor at the University of ...
will us dollar continue as the world most important reserve currency?
Despite the challenges facing the USD as the global reserve currency, ... Article provided by University of Economics, Prague in its journal Politická ekonomie.
Will the world get new reserve currency? : The Voice of Russia ...
Jan 18, 2013 ... Mundell, a professor of Columbia University in New York and one of the ... in the interests of the whole world, the future reserve currency should ...
Books on the term World reserve currency
The Princeton Encyclopedia of the World Economy. (Two volume set)
The Princeton Encyclopedia of the World Economy. (Two volume set)
Kenneth A. Reinert, Ramkishen S. Rajan, Amy Joycelyn Glass, 2010
This was less than the EMU's share of world output and trade but much larger than the sum of the share of the deutsche mark, French franc, Netherlands guilder, and ECU foreign currency reserves that it replaced. The ECU (the European ...
International Economics
International Economics
Robert J. Carbaugh, 2010
The United States dollar is the main reserve currency in the world today. Dollars are used throughout the world as a medium of exchange, unit of account, and store of value, and many nations keep wealth in dollar- denominated assets such ...
World Economic Situation and Prospects 2009.pdf
World Economic Situation and Prospects 2009.pdf
United Nations
The deficits were financed by the large current-account surpluses leading to high dollar reserve accumulation in ... The dollar remained as the de facto World reserve currency and, as indicated, a similar pattern has been building up over the ...
World Monetary Reform. Plans and Issues
World Monetary Reform. Plans and Issues
Herbert G. Grubel, 1964
Second, the reserve currency countries must increase the supply of reserve currency to the rest of the world by running a balance-of-payments deficit; this inevitably involves increasing its liabilities faster than its assets, so weakening its ...
World economic situation and prospects 2010.
World economic situation and prospects 2010.
United Nations, 2010
World Financial and Economic Crisis and its Impact on Development have recognized the need for farther-reaching reforms ... The present global reserve system, which uses the United States dollar as its major reserve currency, suffers from a ...
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Blog posts on the term
World reserve currency
Thanks, World Reserve Currency, But No Thanks: Australia And China To Enable Direct Currency Convertibility | Zero Hedge
A month ago we pointed out that as a result of Australia's unprecedented reliance on China as a target export market, accounting for nearly 30% of all Australian exports (with the flipside being just as true, as Australia now is the fifth-biggest source of Chinese imports), the two countries may as well be joined at the hip. Over the weekend, Australia appears to have come to the same conclusion, with the Australian reporting that the land down under is set to say goodbye to the world's "reserve currency" in its trade dealings with the world's biggest marginal economic power, China, and will enable the direct convertibility of the Australian dollar into Chinese yuan, without US Dollar intermediation, in the process "slashing costs for thousands of business" and also confirming speculation that China is fully intent on, little by little, chipping away at the dollar's reserve currency status until one day it no longer is.
www.zerohedge.com/news/2013-03-31/thanks-world-reserve-currency-no-thanks-australia-and-china-enable-direct-currency-c
Dollar could be in danger as the world’s currency — RT USA
Though the US dollar continues to reign as the foreign reserve currency of choice, a new International Monetary Fund analysis shows that the currency has slumped to a 15-year low, heightening concerns that it may lose that status.
rt.com/usa/dollar-danger-as-world-currency-977/
Danger Will Robinson-World Reserve Currency - Gun and Game - Firearms Forums
I've been ringing the bell right along with these guys, but it seems that no one wants to look this in the face and no one is willing to confront the
www.gunandgame.com/forums/powder-keg/157814-danger-will-robinson-world-reserve-currency.html
Is the Yuan Replacing the Dollar as the World's Reserve Currency?
A reader asks: Hi Kimberly, I came across this article today and wanted to run it by you. This makes it sound like China really has a large stronghold in
useconomy.about.com/b/2013/05/10/is-the-yuan-replacing-the-dollar-as-the-worlds-reserve-currency.htm
Yuan Marches Toward Reserve Currency Status
We’ve covered this in previous posts. Now, however, both Australian and New Zealand have announced direct trade with China in their own currencies, bypassing the U.S. dollar. Many other Chinese trading partners are looking to follow suit. This is significant
globaleconomicwarfare.com/2013/05/yuan-marches-toward-reserve-currency-status/
US Monetary Policy for Greenback the World’s Reserve Currency and the power of the mouth | Bleeding Edge Blog
BEB - A better world made from great ideas, good people, great leaders, great companies for Humanity, the Environment, Energy, Community & Communications Convergence always beyond the leading edge...
panokroko.wordpress.com/2013/05/26/us-monetary-policy-for-greenback-the-worlds-reserve-currency-and-the-power-of-the-mouth/
Is the Dollar Dying? Why US Currency Is in Danger - Desert Gold Exchange
dgegold.com/is-the-dollar-dying-why-us-currency-is-in-danger/
What If?
Since 1995, news.GoldSeek.com publishes the leading gold news commentaries, gold market updates and reports providing gold investors with the most updated gold and silver prices, news & precious metals information!
news.goldseek.com/GoldSeek/1369750260.php
China And Australia Say Goodbye To World Reserve Currency In Trade Deal | The Lonely Conservative
This is troubling. It probably wouldn’t matter much if not for the fact that the only reason the US economy hasn’t come crashing down completely is the US Dollar’s status as the World reserve currency.
lonelyconservative.com/2013/04/china-and-australia-say-goodbye-to-world-reserve-currency-in-trade-deal/
China and the U.S. Dollar’s Role as the World’s Reserve Currency - Seeking Alpha
seekingalpha.com/article/247120-china-and-the-u-s-dollar-s-role-as-the-world-s-reserve-currency
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