Reserve assets (reserve assets)

Reserve assets refer to all kinds of foreign assets controlled by a country's monetary authorities to balance the international payments, intervene in the foreign exchange market to influence the exchange rate level or other purposes, and are generally accepted by all countries.

Reserve assets, also known as official reserves or international reserves, are items to balance international payments. When there is a surplus or deficit between the current account and the capital account of a country's balance of payments, this account can be used to balance it. Reserve assets mainly include monetary gold, special drawing rights, reserve positions in the International Monetary Fund and foreign exchange.

Foreign exchange reserve, also known as foreign exchange reserve, refers to the foreign exchange part of the international reserve assets held by a government, that is, the creditor's rights held by a government in foreign currency. It is an asset held by the national monetary authority and can be converted into foreign currency at any time. In a narrow sense, foreign exchange reserve is an important part of a country's economic strength, and it is a foreign exchange accumulation used by a country to balance international payments, stabilize exchange rates and repay foreign debts. Broadly speaking, foreign exchange reserves refer to assets denominated in foreign exchange, including cash, foreign bank deposits and foreign securities. Foreign exchange reserves are an important part of a country's international liquidity.

Hope to adopt, thank you.