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Becoming a major reserve currency was likely to get in the way of that, too.
In this report, the current issues with having a national global reserve currency are addressed.
It will become a reserve currency, held by central banks as the dollar is now.
Sterling effectively lost its role as a world reserve currency in the 1930's.
It will end up being the next reserve currency.
It was a commonly held international reserve currency in the 19th and 20th centuries.
True money is only issued as reserve currency for commercial bank lending by the government.
The euro will become the world's second reserve currency, behind the dollar.
This can take a relatively long time, as recognition is important in determining a reserve currency.
Until 1971, our reserve currency was backed by gold, forcing us to be responsible.
Sterling is also the third most held reserve currency in global reserves (about 4%).
Economists debate whether a single reserve currency will always dominate the global economy.
"You've got the world reserve currency, the dollar, for the most part, going down the tubes."
Have you ever heard of the US dollar, the world's key reserve currency?
I believe the dollar will remain the key reserve currency for the foreseeable future.
Indeed, the Deutsche mark is the world's second most important reserve currency, after the dollar.
Nobody predicted that today, 10 years after the political decision, the euro would be the world's second most important reserve currency.
The euro will become a trading, monetary and reserve currency.
The Bundesbank had resisted a greater international role for the mark, including its use as a reserve currency, before the mid-1980's.
The euro inherited the status of the second most important reserve currency from the German mark.
To China, the true reserve currency are oil, minerals, and farm-yields.
In the long haul, he said the Chinese renminbi would be the third reserve currency.
These investments help make the dollar the world's most popular "reserve currency," the money other governments hold for economic security in their central banks.
And the yen is nowhere near the dollar in its importance as an international reserve currency.
With regard to a world reserve currency, I see no contenders prepared to on this role from the dollar.