greenback
green bak
- n a piece of paper money (especially one issued by a central bank)
- Since early March, the greenback has fallen 11% against the euro and 17% against Britain's pound as investors who had sought out the dollar as a safe haven during the worst of the .
- Beijing's rumblings about replacing the greenback with the yuan (also known as the renminbi) as the world's reserve currency are getting louder.
- And although Indonesia's currency, the rupiah, held its ground against the greenback, the blast has eroded business sentiment "just when things were turning around," says Thomas .