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