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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 ​foreigncurrencies that a country has at a particular ​time: The ​stockmarket recently ​hitrecordhighs and the country's ​foreignexchangereserves are now at $80bn, compared to $3.9bn when the ​crisishit.build up/accumulate foreign exchange reserves Having a ​tradesurplus is the most ​effective way of ​building up ​foreignexchangereserves.
(Definition of foreign exchange reserves from the Cambridge Business English Dictionary © Cambridge University Press)
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