1. Foreign exchange reserves, also known as foreign exchange reserves, refer to foreign exchange assets held by central banks and other government agencies to meet the needs of international payment.

2. Functions of foreign exchange reserves:

First, adjust the balance of payments to ensure external payment; Second, intervene in the foreign exchange market and stabilize the local currency exchange rate; Third, maintain international reputation and improve financing ability; Fourth, enhance comprehensive national strength and resist financial risks.

At present, the country is facing a large amount of capital outflow, which will not be put in the form of RMB eventually, but will take away a lot of foreign exchange.

To sum up, according to the background of current capital outflow and the importance of foreign exchange reserve function, it is urgent to defend 20 16 foreign exchange reserve.