Meaning of “foreign exchange reserves” in the English Dictionary


"foreign exchange reserves" in Business English

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foreign exchange reservesnoun [ plural ]

uk us 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)