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What (who) is G10 currencies - definition
G10 currencies
10 MOST HEAVILY TRADED CURRENCIES IN THE WORLD
The G10 currencies are ten of the most heavily traded currencies in the world, which are also ten of the world's most liquid currencies. Traders regularly buy and sell them in an open market with minimal impact on their own international exchange rates.
Group of Ten
WIKIMEDIA DISAMBIGUATION PAGE
G10 country; G-10; Group of 10; Group of Ten; G.X; G10 (disambiguation)
Under the International Monetary Fund's General Agreements to Borrow (GAB), established in 1962, 10 of the wealthiest industrial members of the IMF "stand ready to lend their currencies to the IMF up to specified amounts when supplementary resources are needed." The finance ministers of these countries comprise the Group of 10 (also called the Paris Club). Members include: Belgium, Canada, France, Germany, Italy, Japan, Netherlands, Sweden, Switzerland, the United Kingdom, and the United States. Though numbering 11 with the addition of Switzerland in 1984, the numerical name persists.
G-10
WIKIMEDIA DISAMBIGUATION PAGE
G10 country; G-10; Group of 10; Group of Ten; G.X; G10 (disambiguation)
See: Group of Ten
Examples of use of G10 currencies
1. "The reversal of equity capital flows into emerging markets will directly impact the pace of central bank reserve accumulation in the region, in turn diminishing the resulting reserve diversification demand for G10 currencies," said Mr Pearson.