StayFocused
2020-8-2 08:45:20
https://en.wikipedia.org/wiki/Foreign_exchange_reserves#:~:text=Foreign%20exchange%20reserves%20(also%20called,maintain%20confidence%20in%20financial%20markets
"....Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets held by a central bank or other monetary authority that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in financial markets. Reserves are held in one or more reserve currencies, nowadays mostly the United States dollar and to a lesser extent the euro....."