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Artificial Currency

   Also found in: Wikipedia 0.01 sec.
Artificial currency
A currency substitute, e.g., special drawing rights (SDRs).

Artificial Currency
A currency that does not circulate and is used for accounting purposes only. A prominent example is the special drawing right, which is based on a basket of different currencies and is used when accounting IMF transactions.


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Sarkozy is the first European leader to join with China and Russia, who have called for a new international reserve currency similar to the Special Drawing Rights -- an artificial currency used by the International Monetary Fund.
In the 4,000-year history of money this was the first and only example of an artificial currency, created unbidden by the populace, sans a nation behind it.
dollar and artificial currency controls that have overinflated the value of the boliviano.
 
 
 
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