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What are the reasons for the diversified development of foreign exchange reserves?
Diversification of foreign exchange reserves refers to diversification of reserve currencies.

1. The US dollar crisis continues, the exchange rates of major currencies fluctuate frequently, the international capital market develops rapidly, the international liquidity expands rapidly, and the reserve assets lack proper international management. The fundamental reason is that the relative economic status and strength of the United States and other industrial countries have changed greatly.

2. The relationship between returns and risks of various reserve currencies also strengthens the diversification of international reserves.

3. The attitude change of major industrial countries such as the United States, West Germany and Japan is also a reason for the diversified development of reserves.