Monetary reserve

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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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Hong Kong retains rank three worldwide in terms of foreign currency reserves which showed a slight increase to 96.
According to Beltone Financial, the increase in SDR levels prompted by IMF intervention provided the main impetus for the rise in foreign currency reserves.
The planned shift to the UAE dirham for Iran's currency reserves was announced in June of last year under the Rohani Administration
However, in March this year relative to December of 2014, the foreign currency reserves dropped by nearly 82 million euros, from 2.
The latest statistics about the foreign currency reserves indicate a decline in 2015 due to the early debt repayment to the IMF.
The bank is now spending billions of dollars from its gold and foreign currency reserves, analysts and former central bank officials say, although this is not reflected in official statistics.
In his speech, the man who has led Russia for 15 years sought to soothe market fears, saying the country has sufficient currency reserves and would not resort to administrative controls, such as fixing exchange rates or obliging exporters to sell non-Russian currency.
CAIRO, Dec 7 (KUNA) -- Egypt Central Bank said Sunday that the country's foreign currency reserves declined by by USD 1.
The growth resulted from the currency receipt by the accounts of Kazakh Government in the National Bank and increase in balances on correspondent foreign currencies accounts, but was partially offset by the sale of currency in the domestic foreign exchange market, transfers of funds from the gold and foreign currency reserves to the National Fund assets and payments of the external national debt.
15, Gold and foreign currency reserves bolstered especially due to a rise in the value of the central bank s foreign assets.
The central bank has managed investment of the kingdom's foreign currency reserves until now, much of it in US Treasury bonds, reported the Gulf Daily News, our sister publication, citing the Saudi news agency SPA.
Qatar National Bank gives a deposit of $500 to the central bank, which supports foreign currency reserves .