International Currency Conversion

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International Clearing Union - The International Clearing Union (ICU) was one of the institutions proposed to be set up at the 1944 United Nations Monetary and Financial Conference at Bretton Woods, New Hampshire by British economist John Maynard Keynes. Its aim was to have been regulation of currency exchange and the issue of a currency of last resort.

Reserve currency - A reserve currency (or anchor currency) is a currency which is held in significant quantities by many governments and institutions as part of their foreign exchange reserves. It also tends to be the international pricing currency for products traded on a global market, such as oil, gold, etc.

International dollar - The international dollar is a hypothetical unit of currency that has the same purchasing power that the U.S.

internationalcurrencyconversion

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