Foreign exchange reserves
Money held by a central bank to pay debts, if needed
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- Economy (1)
- Finance (1)
- Monetary Policy (1)
🏷️ Keywords
Japan (1) · Foreign exchange reserves (1) · Katsunobu Kato (1) · Japanese Yen (1) · Finance Ministry (1) · Currency stability (1) · Fiscal policy (1)
📖 Key Information
Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold and silver held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro.
Foreign exchange reserves assets can comprise banknotes, bank deposits, and government securities of the reserve currency, such as bonds and treasury bills.
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People and organizations frequently mentioned alongside Foreign exchange reserves:
- 🌐 Ministry of finance (1 shared articles)
- 👤 Katsunobu Katō (1 shared articles)
- 🌐 Japanese yen (1 shared articles)
- 🌐 Japan (1 shared articles)