The total stock of foreign exchange held by a country at any point in time is known as:
A) ODA.
B) equity.
C) FDI.
D) foreign reserves.
E) debt reserves.

Question

Quizplus · Accepted Answer

Foreign reserves refer to the total of a country's foreign currency holdings, gold reserves, SDRs (Special Drawing Rights), and IMF reserve position. These assets are held by a country's central bank or monetary authority and are used to back liabilities and influence monetary policy.

The Total Stock of Foreign Exchange Held by a Country