Finance Glossary
Foreign Exchange Reserves Definition
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Foreign Exchange Reserves
Liquid assets held by a central bank or government of a country, for use in intervening in the foreign exchange market.
This includes gold, or convertible foreign currencies, eg US Dollars for countries other than the United States, and DM for countries other than Germany. This also includes government securities issued in the above currencies.
Liquid assets held by a central bank or government of a country, for use in intervening in the foreign exchange market.
This includes gold, or convertible foreign currencies, eg US Dollars for countries other than the United States, and DM for countries other than Germany. This also includes government securities issued in the above currencies.
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