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reserve currency

Translation of reserve currency in Spanish:

noun

  • divisa (feminine) de reserva
    Example sentences
    • The dollar itself became an international reserve currency, which central banks were prepared to accept as payment in external dealings rather than insisting on payment in their own national currencies.
    • The advantage for the United States in being an international reserve currency is that allows it to more easily run a trade deficit, as other countries are happy to hold dollars to finance its trade gap.
    • This may change if the world's central bankers one day decide they have outgrown their preference for a single reserve currency.

Definition of reserve currency in:

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    Cultural fact of the day

    mezcal

    Mezcal is an alcoholic drink similar to tequila obtained in Mexico by distilling the juice or aguamiel extracted from roasted tips of the maguey plant. Bottles of mezcal are usually sold containing a gusano, the larva of an insect that lives on the maguey. This is said to enhance the flavor.