Foreign currency, whose English name is Foreign currency, is the balance of payments deficit maintained by the monetary administration (central bank, currency management agency, foreign exchange stabilization fund, and the Ministry of Finance) in the form of bank deposits, Ministry of Finance treasury bills, long-term and short-term government securities, etc. The claims that can be used at the time.

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

effect

1. Promote the development of the international economy and trade.
2. Adjust the surplus and shortage of international funds.
3. It is an important part of a country’s international reserves and the main means of payment for repaying international debts.