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Showing 1 to 2 of 2 for “"Reserve currency"”.

  1. Sterling and the Stability of the International Monetary System, 1944-1971

    … with sterling having lost its relevance as reserve currency. However, despite being a secondary reserve currency and having lost importance, sterling was the ‘first line of defence for the dollar’ as contemporaries put it. They frequently stressed the fact that a sterling crisis would have …

    cambridge Repository record for Sterling and the Stability of the International Monetary System, 1944-1971 (opens in a new tab)