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Foreign Currency Reserve

Foreign currency reserves are funds that are held in foreign currencies by central banks and other financial authorities. Foreign currency reserves may be used to stabilize exchange rates, meet international obligations, or as a buffer against financial shocks. Continue Reading Below

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Encyclopedia Articles

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About Foreign Currency Reserve

Foreign currency reserves are funds that are held in foreign currencies by central banks and other financial authorities. Foreign currency reserves may be used to stabilize exchange rates, meet international obligations, or as a buffer against financial shocks.