Why is it that the more foreign exchange reserves a country has, the greater the pressure of currency appreciation?
A large amount of foreign exchange reserves means a large trade surplus. From the perspective of trade balance between countries, it means that the commodity prices in your country are undervalued, so there will be a trade surplus and there will be international pressure for your currency to appreciate. If your currency appreciates, exports decrease, imports increase and foreign exchange reserves decrease, trade between countries will be balanced.