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International reserve is a circulating currency that can be paid and exchanged internationally. To become an international reserve currency, there are still some requirements: first, its currency needs to be highly liquid; second, its currency must be held by the national government and can be freely distributed and used.
When the external economy and the economic system of the international currency change, the international reserve currency will also change. The national conditions of each country are different, so each country has its own coping mechanism.
International reserve currencies are generally used as a means for governments or central banks to intervene to maintain domestic monetary stability.
The international reserve currency can make up for the deficit of international income, ensure the smooth progress of foreign economic exchanges, mediate the balance of international payments and maintain the stable development of the economy.
More and more people begin to recognize and use of the yuan, not only is the yuan’s international influence is improved and the main factor is more, the RMB foreign exchange rate stable, better able to hold their money, so the position in the international society of our country is getting stronger and stronger, the role is mutual.
The dollar rose for a sixth straight day, gold reached 1,930 and oil prices rose more than 3 percent from a three-week low.
Please pay attention to the specific operation, the market is changing rapidly, investment needs to be cautious, the operation strategy is for reference only.
