Foreign Reserves Management
Definition
According to the International Monetary Fund, foreign exchange reserves are defined in the Balance of Payments manual (5th edition) as
“Those external assets that are readily available to and controlled by monetary authorities for direct financing of payments imbalances, for indirectly regulating the magnitudes of imbalances through intervention in exchange markets to affect the currency exchange rate, and/or for other purposes”
Foreign Exchange Reserves
Official Foreign Reserves Process
Reserves Management
The Amount of Official Reserves