Monetary reserve

(redirected from Currency reserve)

Monetary Reserve

The foreign currencies and precious metals that a central bank holds. A central bank's monetary reserve allows it to regulate its own currency; that is, a central bank with a large amount of reserves in euros is likely to closely follow or even peg its currency to the euro. On the other hand, central banks that keep monetary reserves in multiple currencies are more likely to follow either a basket peg or to have a floating currency. A monetary reserve is also called a currency reserve.

Monetary reserve.

A government's monetary reserve includes the foreign currency and precious metals that its central bank holds. That reserve enables the government to influence foreign exchange rates and to manage its transactions in the international marketplace.

For example, a country with a large reserve of US dollars is in a position to make significant investments in US markets.

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As such, it is important that those reserves are run as a normal SWF, instead of as a currency reserve fund, by turning over those funds to GIF, or creating a new SWF to manage them.
They said the central bank is using currency swaps with commercial banks which flatter the currency reserve figures.
Global Banking News-January 28, 2015--Peru's central bank loosens currency reserve rule
ANKARA, Apr 26, 2010 (TUR) -- The Turkish Central Bank on Monday raised foreign currency reserve ratio by 0.
Dear Editor, - A few years ago the Chancellor of the Exchequer pronounced that using gold as a currency reserve was outmoded and promptly dumped a significant proportion of our reserves at a price so low, it would have been difficult to beat.
SAN, March 15 (KUNA) -- Yemeni Central Bank said Saturday foreign currency reserve dropped USD 120 million in January 2014, compared with the previous month, to reach USD 5.
Hong Kong's official foreign currency reserve assets has risen for five consecutive months to $218.
At the end of the quarter, the foreign currency reserve holdings of the Federal Reserve System and the ESF were valued at $19.
ALGIERS, July 1 (KUNA) -- Foreign currency reserve in Algeria reached USD 182.
Hong Kong's official foreign currency reserve assets has risen for four consecutive months to $207 billion in June, up $1.
Summary: TEHRAN (FNA)- Iranian Minister of Economic Affairs and Finance Seyed Shamseddin Hosseini said that the volume of Iran's foreign currency reserve will increase to $100bln this year, adding that Tehran has adopted special initiatives to boost business activities inside the country.
Hong Kong's foreign currency reserve assets stood at US$112.