A reserve currency is a foreign currency that a central bank or treasury holds as part of its country’s formal foreign exchange reserves. Countries hold reserves for a number of...plusA reserve currency is a foreign currency that a central bank or treasury holds as part of its country’s formal foreign exchange reserves. Countries hold reserves for a number of reasons, including to weather economic shocks, pay for imports, service debts, and moderate the value of its own currency. Many countries cannot borrow money or pay for foreign goods in their own currencies—since much of international trade is done in dollars—and therefore need to hold reserves to ensure a steady supply of imports during a crisis and assure creditors that debt payments denominated in foreign currency can be made. Visit us how many pennies are in 100 dollars Moins
Over the past few decades, teaching has changed in a variety of ways. It changed from structured classrooms to online platforms that offered more geographic freedom. Many new...plusOver the past few decades, teaching has changed in a variety of ways. It changed from structured classrooms to online platforms that offered more geographic freedom. Many new learning platforms are emerging today as more and more students choose online courses so they can simply study anywhere. Additionally, there are new platforms for educators.Visit us for how many pennies are in 100 dollars