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:
“...if you are to gain any great amount of good from the world, you must attain a passive condition of mind. ...it is never to be forgotten that it is the rest of the world and not you that holds the great share of the world’s wealth, and that you must allow yourself to be acted upon by the world, if you would become a sharer in the gain of all the ages to your own infinite advantage.”
—Anna C. Brackett (1836–1911)
“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)