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A reserve currency (or anchor currency) is a currency that is held in significant quantities by governments and institutions as part of their foreign exchange reserves.

The reserve currency is commonly used in international transactions and often considered a hard currency or safe-haven currency.

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British banks were also expanding overseas, London was the world centre for insurance and commodity markets and British capital was the leading source of foreign investment around the world; sterling soon became the standard currency used for international commercial transactions.[5] For example, suppose an American company sells electrical equipment to a buyer in France for one million euros.

The equipment is to be delivered 90 days before the payment is made.

(Note: Not included are limited/event and miniseries or other projects earmarked for the summer.) * Designates casting has been completed.

the project centers on British transplant Alfie Wickers (Whitehall), an unorthodox teacher in the San Diego public school system who loves his students, but his naive enthusiasm and unconventional methods put him at odds with the test-obsessed administrators.

• Senator Barack Obama Claims Victory • Senator Clinton Makes Plans to Quit the Race; Many Clinton Supporters Express Willingness to Help Obama Campaign • Obama Clinches Democratic Nomination • Discussion of Kirk Douglas's autobiography, "Let's Face It," Deepak Chopra's new book, "Buddha, a Story of Enlightenment," and Lucinda Frank's new book, "My Father's Secret War." James Patterson, Allen B. Former Democratic National Committee Chairman Terry Mc Auliffe discusses his new book "What a Party!

Last modified 03-Feb-2020 06:35