answersLogoWhite

0

What is forex reserve?

User Avatar

Joe Collins

Lvl 8
1y 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.

User Avatar

Tho Dang Phuoc

Lvl 8
1y ago

What else can I help you with?

Related Questions

How do you make liberty reserve money on forex market?

Liberty Reserve currency is a private digital currency. It doesn't usually trade on any regulated exchange or over the counter (OTC) with retail forex broker. The only way to get paid with liberty reserve dollars would be to choose a retail forex broker who accepts Liberty Reserve as a withdraw option. Then when you make profits, you may withdraw to Liberty Reserve. Make sure you check with your broker first, as often times you must first deposit with the same form of currency you withdraw with.


What is the rank of India in foreign exchange forex reserve?

India holds ninth position in terms of foreign-exchange reserves as of may 2012.


What are Forex Reserves?

Forex reserves are financial assets in diverse foreign currencies, held by central banks and monetary authorities of countries. Most countries maintain their Forex reserves in the major currencies like the dollar, yen, pound, gold, e.t.c. The essence of the reserve is to shield or backup liabilities or form of savings, which generates interest.See: en.wikipedia.org/wiki/Foreign-exchange_reserves


Collect data on India's current account balancecapital account balance and forex reserve for the period of 2001-2006 and list the major features?

ur site has been use less.


What is the managed forex?

"The Managed Forex has to do with trading.


Where can one check the Forex markets?

One can check the Forex markets on the Forex official website. The website Forex Markets is also a good way to check on all the latest news and charts regarding Forex.


Who are the participants in the market foreign exchange market?

The participant in the Forex market are: Central banks (such as the bank of England and the Federal Reserve) , private hedge funds, governments, and then you have the speculators and individual traders. The best part of the Forex market is that the individual trader gets pretty much the same opportunities that the big players do. You have the opportunity to use great amounts of leverage, access to free trading platforms, and the opportunity to trade the same currency pairs at the same prices. Pay attention before choosing any Forex broker. Although you have enough skills on Forex Trading, your FX Broker can fool you. Be patient and spend more time on choosing the perfect Forex Broker.


What is a forex cover?

I'm not familiar with the term "forex cover" in the context of foreign exchange trading. If you can provide more information or context about what you mean by "forex cover," I'll do my best to assist you with a more relevant answer.


How does the forex works?

You can go with Forex Brokers like Integerfx.


When was Forex Bank created?

Forex Bank was created in 1927.


What is the population of Forex Bank?

Forex Bank's population is 700.


When was Forex-Metal created?

Forex-Metal was created in 2007.

Trending Questions
What are the effects of a high concentration of lactic acid in the muscle fiber? If you have 1.25ml syringe and need to pull 12.5 mg of bendaryl how much do I draw up? What year did Shakespeare start? When lightforce sword is activated does it stay on the field for the three of your opponents turn and if it does stay.if it is destroyed by a card effect before the 3 turns does thecard stay outplay? What is the lowest common multiple of 5 7 and 11? What book did George Bush write? Is square root of 134 rational? What is the maximum speed of Renault 12 60 hp 1970? How old is ben brooks in aquila? Where can I find a cheap bicycle shop near me? What did NOT influence the development of Elizabethan drama? What is name the photoreceptor molecules of plants? Can you special summon Lava Golem to your side of the field in Yu-Gi-Oh? Should a company be willing to accept a project that requires immediate organizational restructuring If so what factors should it consider? If a 5.00 g piece of copper is placed in a solution of silver nitrate in which there is excess silver nitrate and the product is is copper nitrate what is the mass of the silver precipitate? Why does a Chevy truck gas gauge go from full to empty when the key is turned on? If you got light second hand pot smoke and drink a lot of water will it come up on a urine test? What does YAG laser eye surgery cost? Who out against god people holding back tithes and offerings? How do you play the leeches game on horrible histories game terrible Tudors?