I don't know how to understand the term treasury funds. I've never heard of it.

foreign exchange reserves are placed in the state treasury. Used to stabilize the exchange rate and export-for example, if China wants to import equipment from Germany for a long time, and the euro has soared recently, it will be unfavorable for us to import equipment from Europe. At this time, you can use the euro reserves in the national treasury to invest in the market to buy equipment. On the one hand, you don't buy equipment at a higher price. On the other hand, more euros flow on the market, which can suppress the rise of the euro.

actually, this is very complicated, so here is just a simple example.

if LZ needs to study this subject professionally, at least it needs to understand the ternary paradox. If LZ is not a professional study, but only a little understanding of life and investment and financial management, you don't have to do this complicated. .