Monetary 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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Saudi Arabia can overcome the fall in oil prices with its strong monetary reserve and low general debts level, said Mohammed Al Sabban, International Economic and Oil Consultant and Former Senior Adviser to the Minister of Petroleum of Saudi Arabia.
1bln) from its general monetary reserve during the first five months of 2015 to cover the country's budget deficit, a Saudi official said.
From celebrated Numismatic coins like the 1899 Double Eagle featuring the iconic Liberty Head design, to the Modern Day Commemoratives like 1996 Smithsonian Institution 150th Anniversary Gold Coin: Global Monetary Reserve offers glimpses into some of our country's finest monetary achievements with the release of 100 Numismatic and Bullion Coin videos.
development bank and a monetary reserve aimed at giving the bloc a
Another 10 per cent will be cut from PWRDF's budget in 2012 as a way to end deficit budgeting and replenish its monetary reserve.
Thus, they allegedly have a monetary reserve of approximately $ 2 trillion USD.
The committee's report said that the Yemeni monetary reserve is safe as it was deposited in various world banks.
lt;p>The board of directors of the bank, which met here Tuesday, said it will reduce the monetary reserve rate by three points to bring it to 12 points starting January 1, 2009.
A switch to monetary reserve targeting was accompanied by a series of new legislation that allowed the CB to conduct open market operations and monitor a newly established interbank market.
In particular, physicians and hospitals seek exemption from the costly monetary reserve requirements that must be met by commercial insurers who must purchase all of the health care they promise the insured from outsiders.
com)-- The FUN Show organized by the Florida United Numismatists, is a Mecca for coin collectors, investors, and sellers of all walks of life looking to find and sell valuable coins: and Global Monetary Reserve was right in the epicenter of it all.
It would have been better to gradually lower the Egyptian pound's exchange rate against the dollar within the last two years in order to make use of the monetary reserve of hard currency through the availability of dollar and eliminating the black market, or at least limiting imports and encouraging Egyptian exports and tourism," Farid said.