In the foreign exchange market and international finance, a world currency, supranational currency, or global currency refers to a currency in which the vast majority of international transactions take place and which serves as the world's primary reserve currency. In March 2009, as a result of the global economic crisis, China pressed for urgent consideration of a global currency. A UN panel of expert economists has proposed replacing the current US dollar-based system by greatly expanding the International Monetary Fund's special drawing rights (SDRs).
Currencies have many forms depending on several properties: type of issuance, type of issuer and type of backing. The particular configuration of those properties leads to different types of money. The pros and cons of a currency are strongly influenced by the type proposed. Consider, for example, the properties of a complementary currency.
World Currency Rates
World Currency Rates
World Currency Rates
World Currency Rates
World Currency Rates
World Currency Rates
World Currency Rates
World Currency Rates
World Currency Rates
World Currency Rates
One World Currency 2011
world currency
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