What does a country's foreign exchange reserves measure?
The more foreign exchange reserves, it proves that the faster the country's economic growth, the richer the country will be. This country's position in the world has greatly improved. It is certainly good for the stock market. With foreign exchange reserves as the financial backing, even if the stock market is out of control one day, it is necessary to use foreign exchange reserves to save the market. 1997 Hong Kong also used its foreign exchange reserves to rescue the market, but at that time it was China who ordered full support for Hong Kong.