Thread: Need explanation : Reciprocity in the principles of WTO
View Single Post
  #8  
Old Tuesday, February 09, 2010
writer's Avatar
writer writer is offline
Member
  
Join Date: Feb 2010
Posts: 59
Thanks: 7
Thanked 39 Times in 28 Posts
writer is on a distinguished road
Default
a-settlement currency:The currency in which a settlement is paid.

b-synthetiv(currency/dollar) reserves:One of the national currencies (dollar, euro, yen, etc.) or IMF's special drawing rights (SDR) used by a country to hold its foreign currency reserves and gold for settling international trade transactions and other obligations. Also called key currency.
__________________
"You Can Analyse The Past But You Have To Design The Future"
Miss Writer
Reply With Quote
The Following User Says Thank You to writer For This Useful Post:
KAWISH (Wednesday, February 10, 2010)