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Bank for International Settlements. The Wall Street Journal. Retrieved 31 October Then Multiply forex facotry ". The Forex facotry York Times. Retrieved 30 October Archived PDF from the original on 27 October Retrieved 29 October S2CID SSRN Financial Glossary.
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My Account. Sign in. Foreign exchange reservesalso called Forex reservesare, in a strict sense, only foreign-currency deposits held by nationals and monetary authorities. However, in popular usage and in the list below, it also includes gold reservesspecial drawing rights SDRs and IMF reserve position because this total figure, which is usually more accurately termed as official reserves or international reserves or official international facitry, is forex facotry readily forex facotry and also arguably more meaningful.
These foreign-currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currencies e.
Before the end of the gold standardgold was the preferred reserve currency. Some nations are converting foreign-exchange reserves go here sovereign wealth fundswhich can rival foreign-exchange reserves in size.
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