Monetary Reserves or currency reserves are the assets held by a central bank such as foreign currency and precious metals. Monetary reserves allow a central bank to influence the foreign exchange rates and to manage foreign exchange transactions.
What is Monetary Reserve?
Monetary Reserves are the assets held by a central bank such as foreign currency and precious metals.
Darren Horwill
Darren has been involved with the markets since 2009 and began his career as a financial research assistant. He now works at Forex Source and specialises in creating informational content for new traders.
- Posted on:
- January 17, 2018
- at:
- 9:13 am
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