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Interpretation of foreign exchange forward terms
Foreign exchange, in English, refers to the creditor's rights held by the central bank, monetary management institutions, foreign exchange stabilization funds and the Ministry of Finance in the form of bank deposits, treasury bonds and long-term and short-term government securities. Can be used when the balance of payments is in deficit.

Including foreign currency, foreign currency deposits, foreign currency securities, government bonds, treasury bonds, corporate bonds, stocks, foreign currency payment vouchers, bank deposit vouchers, postal savings vouchers, etc.

By 20 15, China ranks first in the foreign exchange reserves of governments around the world. The United States, Japan, Germany and other countries have a large number of private foreign exchange reserves, and the overall foreign exchange reserves of the country are much higher.

All foreign currency assets owned by a country. It refers to the flow of money between countries and a specialized commercial activity of exchanging one country's currency for another country's currency to pay off international creditor's rights and debts. In fact, it is the creditor's rights held by the central bank, monetary management institutions, foreign exchange stabilization funds and the Ministry of Finance in the form of bank deposits, treasury bonds and long-term and short-term treasury bonds, which can be used when the balance of payments is in deficit.

narrow sense

Various payment methods expressed in foreign currency, which are generally accepted by all countries and can be used for international settlement of creditor's rights and debts. It must have three characteristics: assets that can be paid in foreign currency, creditor's rights that can be repaid abroad and foreign currency assets that can be freely exchanged for other means of payment.