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What is forex reserve?

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Joe Collins

Lvl 8
8mo ago
Updated: 1/13/2025

Forex reserves are a country's financial safety net - like a giant piggy bank of foreign currencies. They help stabilize the economy and boost confidence. Strong reserves give flexibility to weather economic storms and attract international business, supporting growth and stability.

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Tho Dang Phuoc

Lvl 8
8mo ago

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