In the foreign exchange market and international finance, a world currency, supranational currency, or global currency refers to a currency that is transacted internationally, with no set borders.
Read more about World Currency: Single World Currency, See Also
Famous quotes containing the words world and/or currency:
“I wonder if I’ve been changed in the night? Let me think: was I the same when I got up this morning? I almost think I can remember feeling a little different. But if I’m not the same, the next question is “Who in the world am I?” Ah, that’s the great puzzle!”
—Lewis Carroll [Charles Lutwidge Dodgson] (1832–1898)
“There is no legislation—I care not what it is—tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan.”
—William Howard Taft (1857–1930)