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A reserve currency is a foreign currency that is held in significant quantities by central banks or other monetary authorities as part of their foreign exchange reserves. [citation needed] The reserve currency can be used in international transactions, international investments and all aspects of the global economy.
The sol (Spanish pronunciation:; plural: soles; currency sign: S/) [3] is the currency of Peru; it is subdivided into 100 céntimos ("cents"). The ISO 4217 currency code is PEN . The sol replaced the Peruvian inti in 1991 and the name is a return to that of Peru's historic currency, as the previous incarnation of sol was in use from 1863 to 1985.
Poverty incidence of Siquijor 5 10 15 20 25 30 2000 26.46 2003 24.34 2006 28.90 2009 27.02 2012 18.60 2015 25.22 2018 13.10 2021 5.72 Source: Philippine Statistics Authority The major economic activities include farming, fishing, woodcraft and furniture making, basket making, peanut processing, banana chips processing, and bakery. Transportation Although Larena has the larger port on the ...