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Key currency refers to a currency that is widely used as a benchmark for international trade and financial transactions. It is a stable and widely accepted currency that is often used as a reference point for exchange rates and as a reserve currency by central banks and international organizations. Key currencies are typically issued by economically stable and influential countries and are characterized by their liquidity, stability, and widespread acceptance in global markets. Examples of key currencies include the US dollar, the euro, the Japanese yen, and the British pound. These currencies play a crucial role in the global economy and are used as a standard unit of value for pricing and settling international transactions.