A country's foreign exchange reserves refers to

Question

Quizplus · Accepted Answer

Foreign exchange reserves refer to a country's holdings of internationally accepted currencies and gold, which can be used to stabilize the country's own currency and pay for imports and debt obligations. It does not refer to the country's own currency or the amount of its currency held by other nations. SDRs at the IMF are a separate reserve asset and not necessarily included in a country's foreign exchange reserves.

A Country's Foreign Exchange Reserves Refers to