Liquid Funds or strategic Commodities held by a central bank, government, financial institution or corporation and saved for use in specific circumstances. Many central banks store reserves in various currencies for intervening in the forex market to defend or soften their nation's currency.
Browse by Subjects
balance of payments (BOP)
See All Related Terms »
international trade deficit
American Psychological Association (APA):
Chicago Manual of Style (CMS):
Modern Language Association (MLA):