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These foreign-currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currencies (e.g. the U.S. dollar, the euro, the pound sterling, the Japanese yen, the Indian rupee, and the Swiss franc) and which are used to back its liabilities (e.g. the local … See more
Foreign exchange reserves, also called Forex reserves, are, in a strict sense, only foreign-currency deposits held by nationals and See more
• All the figures below are in U.S.$ equivalents as different countries report data in different currencies.
• The exchange rate of … See moreIMF releases the quarterly data on the currency composition of official foreign exchange reserves. The data are reported to the IMF on a … See more
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WebApr 3, 2022 · 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.
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