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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 franc (/ f r æ ŋ k /; French: franc français, [fʁɑ̃ fʁɑ̃sɛ]; sign: F or Fr), [n 2] also commonly distinguished as the French franc (FF), was a currency of France.Between 1360 and 1641, it was the name of coins worth 1 livre tournois and it remained in common parlance as a term for this amount of money.
The total fertility rate in South Korea sharply declined from 4.53 in 1970 to 2.06 in 1983, falling below the replacement level of 2.10. The low birth rate accelerated in the 2000s, with the fertility rate dropping to 1.48 in 2000, 1.23 in 2010, and reaching 0.72 in 2023. [51] One example of Korea's economic crisis is the housing market.