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English definition of “foreign exchange reserves”

foreign exchange reserves

noun [plural]
 
 
(also international reserves, also foreign currency reserves, also foreign reserves) FINANCE, ECONOMICS
the amounts of money in foreign currencies that a country has at a particular time: The stock market recently hit record highs and the country's foreign exchange reserves are now at $80bn, compared to $3.9bn when the crisis hit.build up/accumulate foreign exchange reserves Having a trade surplus is the most effective way of building up foreign exchange reserves.
(Definition of foreign exchange reserves from the Cambridge Business English Dictionary © Cambridge University Press)
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