0
What type of and how manu foreign exchange reserves currencies are maintained by Afghanistan and why?
Wiki User
∙ 12y ago
so many because its chaos there right now and nobody is in control and is just doing wat evre they want to do
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
How reserves are part of capital?
Reserves are maintained from profit of current year business and profit is part of capital that's why reserves are also part of capital as if it is not maintained separately it will be included in profit or capital.
Do people construct or build game reserves?
Game reserves are planned, designed and maintained.
Which country has largest stock of foreign exchange reserves in the world?
China's foreign exchange reserves is $2.13 trillion
Why is it that countries like the USA don't have foreign exchange reserves and what are the guidelines and disclosure norms for managing foreign exchange reserves?
The USA does have foreign exchange reserves. Their latest holding for November 2007 is $45.973 B and is published at http://www.federalreserve.gov/releases/bulletin/1207assets.htm The USA also has Special drawing rights of $9,536 B on the International Monetary Fund (IMF) and determined by the IMF by a weighted average of exchange rates for the currencies of various member countries. There are also holdings of gold and positions in the IMF to give total US reserve assets of $ 71 B.
What is Forex Reserves?
Foreign exchange reserves (also called Forex reserves) in a strict sense are only the foreign currency deposits held by central banks and monetary authorities. However, the term foreign exchange reserves in popular usage (such as this list) commonly includes foreign exchange and gold, SDRs and IMF reserve position as this total figure is more readily available, however it is accurately deemed as official reserves or international reserves.
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
Minimum amount of gold should be in reserve account of the currency making reserve bank?
What are types of currencies reserves?
Is Afghanistan rich or poor?
It has large mineral reserves and natural gas but it will require massive capitol outlays to bring it into production.
Afghanistan has few natural gas reserves but much potential petroleum resources?
false
Does Afghanistan has little in way of mineral and natural gas deposits True or false?
False. Afghanistan has major mineral reserves but lacks the infrastructure to exploit it.
What are the reserves of Pakistan today?
its has gold and copper in some areas and 18 billion dollars in foreign direct reserves more than afghanistan,srilanka and bangladesh
What is difference between legal and statutory reserves?
Answer: legal and statutory reserves There is no difference. Both legal and statutory reserves are reserves that must be maintained by law. The previous answer ("Legal reserves are stipulated by law, while statutory reserves are determined in the Articles of Association (the Statute of a company)") is incorrect: the primary meaning of 'statutes' is 'enacted laws'
