What is it? Foreign exchange reserves are foreign currency assets held by the central banks of countries. These assets include foreign currency assets, gold, special drawing rights (SDRs) and reserve position in the International Monetary Fund (IMF). These reserves act …
What is it? Foreign exchange reserves are foreign currency assets held by the central banks of countries. These assets include foreign currency assets, gold, special drawing rights (SDRs) and reserve position in the IMF. The main purpose of holding foreign …