FX Glossary(K)

K

Key Currency

Mainly includes the following three requirements as a key currency.

1. That it is a settlement currency, which is used widely in trade and capital transactions between international
2. It is a standard currency to be the standard value of national currency
3. The reserved currency that the monetary authorities hold as the international investment reserve.

The current key currency is the US Dollar.

Kiwi

Refers to the New Zealand Dollar