Monetary reserve

(redirected from Foreign 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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References in periodicals archive ?
The Hong Kong Monetary Authority (HKMA) announced that the official foreign currency reserve assets of Hong Kong amounted to US$441.
Global Banking News-December 1, 2017--Belarus central bank to raise foreign currency reserve requirements for banks
Lebanon's central bank boost its foreign currency reserve through the replacement operation, it said.
Zhang Qi, an analyst at Haitong Securities, told AFP on Monday China's gold to foreign currency reserve ratio remained much lower than other countries, adding: "The internationalisation of the renminbi is irreversible.
2 December 2010 -- Moody's put Wednesday Indonesia on upgrade review reflecting its resilient economy, macroeconomic stability, improving debt and foreign currency reserve positions and ability to absorb shocks.
ANKARA, Apr 26, 2010 (TUR) -- The Turkish Central Bank on Monday raised foreign currency reserve ratio by 0.
Hong Kong's official foreign currency reserve assets has risen for five consecutive months to $218.
This is why we need to strengthen the foreign currency reserve.
The Hong Kong Monetary Authority (HKMA) announced today (Thursday) that the official foreign currency reserve assets of Hong Kong amounted to US$413.
Hong Kong's official foreign currency reserve assets has risen for four consecutive months to $207 billion in June, up $1.
The Hong Kong Monetary Authority (HKMA) announced today (July 7) that the official foreign currency reserve assets of Hong Kong amounted to US$408.
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.

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