Foreign Exchange Reserves Definition & How Countries Get It

BANKING AND FINANCE, ACTIVELYSHARE.COM — The term foreign exchange reserves is quite often referred to in economic terms. This term appears when a country establishes international relations with other countries. These transactions can be done in many ways to eventually earn foreign exchange.

Foreign exchange owned by this country will be collected for various purposes again. All foreign exchange stored in the country is called foreign exchange reserves. If you want to know more, see the explanation below!

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