Current location - Loan Platform Complete Network - Foreign exchange account opening - China has $4 trillion in foreign exchange reserves. So much money has not been used to improve national infrastructure and medical equipment. What's the use? I
China has $4 trillion in foreign exchange reserves. So much money has not been used to improve national infrastructure and medical equipment. What's the use? I
The main functions of foreign exchange reserves:

1. Adjust the balance of payments to ensure external payment.

2. Intervene in the foreign exchange market and stabilize the local currency exchange rate.

3. Maintain international reputation and improve external financing capacity.

4. Enhance comprehensive national strength and ability to resist risks.

The simple understanding of ordinary people is that it is convenient to buy things abroad, and another is that if the RMB depreciates, there will still be some US dollars to support it.

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