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.

Mentioned in ?

international reserves

References in periodicals archive ?

The apex bank has paid USD2bn to the African Export-Import Bank (Afreximbank), according to Ramy Abu El Naga, deputy CBE governor of the monetary reserve and monetary markets.

Egyptian central bank repays loan to Afreximbank

The Central Bank of Egypt (CBE) sent $2bn to the African Export-Import Bank (Afreximbank), said Ramy Abu El Naga, deputy CBE governor of the monetary reserve and monetary markets, according to the state-run Middle East News Agency.

CBE pays Afreximbank $2bn

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.

Saudi can overcome the fall in oil prices, says expert

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development bank and a monetary reserve aimed at giving the bloc a

BRICS create own bank, reserve fund in break from IMF, World Bank

However, gold's role as a monetary reserve has been changing over the past few years, with several banks selling their reserves.

GOLD

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.

PWRDF streamlines

The committee's report said that the Yemeni monetary reserve is safe as it was deposited in various world banks.

Government approves 2009 budget (Local)

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.

Central bank maintains key interest rates at 3.5%

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.

Will physicians take back medicine?

1bln) from its general monetary reserve during the first five months of 2015 to cover the country's budget deficit, a Saudi official said.

Saudi Arabia Withdraws $65bln in First Half of 2015 Due to Budget Deficit

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.

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