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It depends on which country you are in. Most countries have no limit to how much foreign money you can keep. Some countries do have restrictions on owning foreign currency. The limits vary, in a very few countries it is illegal to own any foreign currency.

A different question is how much cash you are allowed to bring into or out of a country. For example, in the case of the EU, if you bring in or out more then the equivalent of €10000 in any currency, you must declare it to customs. This is an anti money-laundering measure.

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Q: How much foreign currency one can legally keep?
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