of non-member countries/economies, and other entities holding foreign exchange reserves. Denmark, krone.4939.3938.4574.3318 *EMU members, eURO.1488.1667.1547.1755, hONG kong, dollar.8375.8364.8492.8053 india rupee.5609.2779.6317.0357 japan YEN 112.7218 112.0974 110.9965 112.9148 malaysia ringgit.1570.1388.0917.2280 mexico peso.1958.9991.8633.8215 *NEW. Retrieved "International Reserves and Foreign Currency Liquidity - costa rica". At the end of 2007,.90 of the identified official foreign exchange reserves in the world were held in United States dollars losing its reserve status is going to be painful for the dollar and.5 in euros. Foreign-exchange reserves (also called, forex reserves ) are, in a strict sense, only the foreign-currency deposits held by national central banks and monetary authorities (. Basically, the key point is that central banks can sell reserves to boost the value of their domestic currencies. "Saudi foreign reserves rise for third straight month". Retrieved "International Reserves and Foreign Currency Liquidity - latvia".
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Retrieved "International Reserves and Foreign Currency Liquidity - ireland". Retrieved Official reserve assets, other foreign currency assets and related short-term liabilities Deutsche Bundesbank "International reserves". Retrieved "Central Bank of the Dominican Republic". For example, China recently started selling its agency holdings (debt backed by Freddie/Fannie) in exchange for treasuries. Retrieved "Nepal Rastra Bank - Central Bank of Nepal". Averages are based on daily noon buying rates for cable ing fx dolar kuru transfers in New York City certified for customs purposes by the Federal Reserve Bank of New York. Indian reports are released on a weekly basis with the figures being of the previous week. Retrieved "monetary authority OF macao".
Foreign exchange reserves are the foreign currencies held by a country's central bank. They are also called foreign currency reserves or foreign reserves. There are seven reasons why banks hold reserves. The most important reason is to manage their currencies' values.