Not foreign exchange. Because foreign exchange is a creditor's right held by monetary management organs (central bank, monetary management institutions, foreign exchange stabilization fund, Ministry of Finance) in the form of bank deposits, treasury bonds, long-term and short-term government securities, etc. , which can be used when the balance of payments is in deficit.

Including foreign currency, foreign currency deposits, foreign currency securities (treasury bonds, treasury bonds, corporate bonds, stocks, etc.). ) and foreign currency payment vouchers (bills, bank deposit vouchers, postal savings vouchers, etc.). ).

Foreign exchange function

1. Promote the development of international economy and trade.

2. Adjust the surplus and deficiency of international funds.

3, is an important part of a country's international reserves, but also the main means of payment to pay off international debts.

Extended data:

foreign exchange trading hours

China's foreign exchange traders have incomparable time advantages in other time zones, that is, they can seize the time period from 15 to 24: 00, and they are all non-foreign exchange professional jobs for ordinary investors;

5:00-24:00 pm is free time, which can be used for foreign exchange investment without being distracted by work. Generally, the whole world is closed on weekends. The market opens around 5 am on Monday.

If Beijing time is used as the standard, every morning from Wellington, New Zealand to the west coast market of the United States closes, and the main markets in Australia, Asia and North America are connected end to end, traders can find the right foreign exchange market to trade at any time on weekdays.

Baidu encyclopedia-foreign exchange

Baidu Encyclopedia-foreign exchange trading hours