international reserves

Definition

The assets denominated in foreign currency, plus gold, held by a central bank, sometimes for the purpose of intervening in the exchange market to influence or peg the exchange rate. Usually includes foreign currencies themselves (especially US dollars), other assets denominated in foreign currencies, gold, and a small amount of SDRs.

Use this term in a sentence

You should try to make sure that you have enough international reserves to make the purchases that you need to make.

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Our international reserves were a bulwark against uncertainty that seemed to be cropping up more and more as of late.

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The United States holds a considerable amount of money and funds in international reserves in order to help control the U.S. dollar exchange rate.

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international liquidity stockpiling