Description At any given time, a limited number of national currencies are used as instruments of international commerce, to settle foreign trade transactions or store value for investors and central banks.
In different circumstances, issuing governments may welcome and promote the internationalization of their currency, tolerate it, or actively o.
How countries whose currencies gain international appeal choose to use this status forms their strategy of Currency statecraft.
Description At any given time, a limited number of national currencies are used as instruments of international commerce, to settle foreign trade transactions or store value for investors and central banks