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foreign exchange reserves

经济学

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In 1991,dwindling foreign exchange reserves forced New Delhi to use its gold reserves to raise a loan to pay its international debt.

VOA: standard.2009.11.06
India's Finance Minister, Pranab Mukherjee, says the country's comfortable foreign exchange reserves prompted the Reserve Bank or RBI to invest in the precious metal.

VOA: standard.2009.11.06
India,like several Asian countries, holds relatively little gold in proportion to its foreign exchange reserves.

VOA: standard.2009.11.06

As a result, all the developing countries have their foreign exchange reserves in dollar-denominated assets.

FORBES: Cause of U.S. Trade Deficit: Money Flows Uphill
They have limited foreign exchange reserves, and they all face major impediments to growth.

FORBES: How And When Does The 'Real' Currency War Begin?
And please note: Foreign exchange reserves cannot, as a practical matter, be used to create domestic-currency growth.

FORBES: New Asia

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