"moneda de reserva" in English

I agree that we must not demand the exorbitant privilege of being the reserve currency.

The euro is already an international reserve and transaction currency and will in future be so to a much greater extent.

The problem exists in the longer term of the euro as a potential world-wide reserve currency on an equal footing with the dollar.

The EU is an economic bloc representing over 450 million people, with a currency that is the world's second international reserve currency.

So the euro is bound to grow and its use is bound to become more widespread as a trading currency and a payment currency and, also, a reserve currency.

Secondly, as far as we can judge, the euro will become the world's second most important reserve currency, roughly on a par with the dollar.

Thanks to the consistent actions of Wim Duisenberg, Jean-Claude Trichet and the likes, the euro has become the world's second reserve currency in 10 years.

The advantage of the euro, as a sheet anchor and reserve currency, will be partly the guarantee it offers of stability and improved performance by European industry.

Furthermore, the ECB is doing some rather good work; the euro is the second currency of the international reserve and, since 2000, it has appreciated by some 25% against the dollar.