Foreign exchange reserves

Foreign exchange reserves,

Definition of Foreign exchange reserves:

  1. Total of a countrys gold holdings and convertible foreign currencies held in its banks, plus special drawing rights (SDR) and exchange reserve balances with the International Monetary Fund (IMF).

  2. Foreign exchange reserves are assets held on reserve by a central bank in foreign currencies. These reserves are used to back liabilities and influence monetary policy. It includes any foreign money held by a central bank, such as the U.S. Federal Reserve Bank.

  3. Foreign exchange reserves can include banknotes, deposits, bonds, treasury bills and other government securities. These assets serve many purposes but are most significantly held to ensure that a central government agency has backup funds if their national currency rapidly devalues or becomes all together insolvent.

How to use Foreign exchange reserves in a sentence?

  1. These may include foreign currencies, bonds, treasury bills, and other government securities.
  2. Foreign exchange reserves are assets denominated in a foreign currency that are held by a central bank.
  3. Most foreign exchange reserves are held in U.S. dollars, with China being the largest foreign currency reserve holder in the world.
  4. Economists suggest that it’s best to hold foreign exchange reserves in a currency that is not directly connected to the country’s own currency.

Meaning of Foreign exchange reserves & Foreign exchange reserves Definition

Foreign Exchange Reserves,

What is Foreign Exchange Reserves?

  • Foreign exchange reserves are assets held by the central bank in foreign currencies. These reserves are used to support liabilities and influence monetary policy. This includes foreign currencies held by central banks, such as the United States Central Bank.

    • Foreign exchange reserves are assets in foreign currency held by the central bank.
    • These could be foreign currency, bonds, treasury bills and other government bonds.
    • Most of the foreign exchange reserves are in US dollars, China has the largest foreign reserves in the world.
    • Economists suggest that it is better to keep foreign reserves in a currency that is not directly linked to the local currency.

Literal Meanings of Foreign Exchange Reserves

Foreign:

Meanings of Foreign:
  1. Features of a country or language other than yours, or in them.

  2. strange.

Sentences of Foreign
  1. Foreign language

  2. I think all of this sounds very strange to you

Synonyms of Foreign

overseas, distant, remote, far off, far flung, external, outside, unfamiliar, unknown, unheard of, strange, alien, exotic, outlandish, odd, peculiar, curious, bizarre, weird, queer

Exchange:

Meanings of Exchange:
  1. The act of giving and receiving other people in return (especially of the same type or price).

Sentences of Exchange
  1. Negotiation brings peace to a country

Synonyms of Exchange

interchange, trade, trading, trade-off, swapping, barter, giving and taking, traffic, trafficking, bandying, reciprocity, swap, switch, change

Reserves:

Meanings of Reserves:
  1. Keep it for future use.

  2. Make sure (room, seat, ticket, etc.) is reserved for specific person's use.

  3. Avoid making decisions or decisions without judgment and evidence.

  4. It is not necessary to supply the product for immediate use, but it is available when needed.

  5. A corps of forces has been formed to strengthen or protect others, or to supplement the regular armed forces available in an emergency.

  6. An extra player who replaces the team.

  7. A specific place for a specific purpose.

  8. Lack of warmth or openness in style and expression.

  9. Abbreviation of reserve price

  10. (Ceramic or textile decoration) Places where the original material or background color is visible.

Sentences of Reserves
  1. Open half the dough and save the other half

  2. There was a seat reserved for him in the front row

  3. I will defend my opinion of his abilities until I play again.

  4. Australia has significant reserves of coal, gas and uranium

  5. These people are kept as central reservoirs and can be moved anywhere.

  6. I was a reserve prostitute for the World Cup team

  7. There are areas where land was previously allocated, but is now used for various purposes.

  8. He smiled and part of his stock melted

  9. No reservations have been made, although more than 3.5 million is expected when the pub goes up for auction on November 8.

Synonyms of Reserves

put to one side, put aside, set aside, lay aside, keep back, book, make a reservation for, order, arrange in advance, arrange for, prearrange for, secure, defer, postpone, put off, delay, withhold, stock, store, supply, stockpile, reservoir, pool, fund