1 What are International Reserves? What is Forex? What is forex used for?

Updated on Financial 2024-03-28
7 answers
  1. Anonymous users2024-02-07

    International reserve refers to the general term for all internationally accepted liquid assets held by countries** to cover the balance of payments deficit, maintain exchange rate stability, and meet other emergency payment needs.

    Foreign exchange is a payment document denominated in a foreign currency for international settlement. The International Monetary Organization's interpretation of foreign exchange is: foreign exchange is the creditor's rights that can be used in the event of a deficit in the balance of payments held by monetary administrative authorities (**banks, monetary institutions, foreign exchange leveling** and the Ministry of Finance) in the form of bank deposits, treasury bills of the Ministry of Finance, long-term and short-term bonds.

    Including: foreign currency, foreign currency deposits, foreign currency negotiable** (**public bonds, treasury bills, corporate bonds, **etc.), foreign currency payment certificates (bills, bank deposit certificates, postal savings certificates, etc.). Foreign exchange is the settlement currency for the purchase of foreign goods, and in the future, if the renminbi becomes an international currency, the renminbi can be treated as foreign exchange.

  2. Anonymous users2024-02-06

    1 All internationally recognized money owned.

    2 The amount of money that foreigners are willing to receive.

    3 You can buy things from foreigners.

  3. Anonymous users2024-02-05

    Foreign exchange reserves, also known as foreign exchange reserves, refer to the foreign exchange assets held by ** banks and other ** institutions in various countries in order to meet the needs of international payments.

    The specific forms of foreign exchange reserves are: short-term deposits abroad or other means of payment that can be cashed abroad, such as foreign currency**, checks, promissory notes, foreign currency drafts, etc. It is mainly used to pay off the balance of payments deficit and intervene in the foreign exchange market to maintain the exchange rate of the country's currency.

    Function: 1. Regulate the balance of payments and ensure external payments.

    2. Intervene in the foreign exchange market and stabilize the local currency exchange rate.

    3. Maintain international reputation and improve external financing capabilities.

    4. Enhance comprehensive national strength and the ability to resist risks.

  4. Anonymous users2024-02-04

    The national and intelligent reserves are equal to the foreign exchange reserves. ()

    a.That's right. b.The wrong ruler is wrong.

    Correct answer: B

  5. Anonymous users2024-02-03

    Foreign exchange reserves refer to foreign exchange assets owned by a region that can be used to pay for international ** and service accounts, as well as to mortgage foreign debt and other international payments. Foreign exchange reserves are an important economic indicator of a region and can reflect the economic strength of a region and the international competitiveness of its currency.

    2. Composition of foreign exchange reserves.

    Foreign exchange reserves are made up of a variety of currencies, among which the main ones are the US dollar, the euro, the Japanese yen, the British pound, the Australian dollar, etc. The composition of foreign exchange reserves can reflect the monetary policy of one or another region, as well as the relationship with other countries or regions.

    3. The role of foreign exchange reserves.

    Foreign exchange reserves can help a region maintain the international competitiveness of its currency, maintain currency stability, and maintain the economic security of the region. Foreign exchange reserves can also help a region to pay for international** and service payments, as well as to mortgage foreign debt and other international payments.

    4. Management of foreign exchange reserves.

    The management of foreign exchange reserves is an important fiscal policy of a region or region, which can help a region maintain the international competitiveness of the currency, maintain the stability of the currency, and maintain the economic security of the region or region. The management of foreign exchange reserves can be achieved through a variety of policies such as monetary policy, fiscal policy, and ** policy.

    5. Increase in foreign exchange reserves.

    The increase in foreign exchange reserves can be achieved in a variety of ways, including an increase in exports, an increase in external debt, an increase in foreign exchange investment, and an increase in Woo Dong Ho. The increase in exports can be achieved by improving product quality, improving product quality, and improving the environment; The increase in external debt can be achieved by attracting foreign capital and issuing bonds. The increase in foreign exchange investment can be achieved by investing in overseas assets and participating in international financial markets.

    6. Maintenance of foreign exchange reserves.

    The maintenance of foreign exchange reserves is an important fiscal policy of a region or region, which can help a region to maintain the international competitiveness of the currency, maintain the stability of the currency, and maintain the economic security of the region or region. The maintenance of foreign exchange reserves can be achieved through a variety of policies such as monetary policy, fiscal policy, and policy, as well as by improving the environment, improving the quality of export products, and issuing bonds.

    The above is a detailed introduction to the concept of foreign exchange reserves, which are an important economic indicator of a region or region, which can reflect the economic strength of a region and the international competitiveness of a currency. The management and maintenance of foreign exchange reserves is an important fiscal policy of a region or a region, which can be achieved through a variety of policies such as monetary policy, fiscal policy, and ** policy. The increase in foreign exchange reserves can be achieved through an increase in exports, an increase in external debt, an increase in foreign exchange investment, and so on.

    The management and maintenance of foreign exchange reserves is crucial to the economic development of a region or region, therefore, countries should strengthen the management and maintenance of foreign exchange reserves to ensure the economic security of the region or region.

  6. Anonymous users2024-02-02

    Foreign exchange reserves, also known as foreign exchange reserves, refer to the foreign exchange part of the international reserve assets held by a country**, that is, the claims expressed in foreign currency held by a country**. An asset held by a country's monetary authority and can be exchanged for foreign currency at any time.

    The functions of foreign exchange reserves mainly include the following four aspects:

    1. Adjust the balance of payments and ensure external payments;

    Second, intervene in the foreign exchange market and stabilize the exchange rate of the local currency;

    3. Maintain international credibility and improve financing capacity;

    Fourth, enhance comprehensive national strength and resist financial risks.

  7. Anonymous users2024-02-01

    1. Foreign exchange reserves, also known as foreign exchange reserves, refer to the foreign exchange assets that are concentrated in the hands of banks and other institutions in various countries and can be converted into foreign currencies at any time to meet the needs of international payments. Under normal circumstances, the surplus and capital inflow of foreign exchange reserves are concentrated in the central bank of the town to form foreign exchange reserves.

    2. The specific forms are: short-term deposits abroad or other means of payment that can be cashed abroad, such as foreign valuables, checks, promissory notes, foreign currency drafts, etc. It is mainly used to pay off the balance of payments deficit and to use foreign exchange reserves to intervene in the foreign exchange market when the national currency is sold off in large quantities to maintain the exchange rate of the country's currency.

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