forex reserve
简明释义
外汇储备
英英释义
Forex reserves refer to the foreign currencies held by a country's central bank or monetary authority, used to back liabilities and influence monetary policy. | 外汇储备是指一个国家的中央银行或货币当局持有的外币,用于支持负债和影响货币政策。 |
例句
1.Decreasing forex reserve levels can lead to concerns about a country’s ability to pay for imports.
减少的外汇储备水平可能会引发对一个国家支付进口商品能力的担忧。
2.The central bank decided to increase its forex reserve to stabilize the national currency.
中央银行决定增加其外汇储备以稳定国家货币。
3.A country with a high forex reserve is often seen as economically stable.
一个拥有高外汇储备的国家通常被视为经济稳定。
4.The government reported that its forex reserve has reached an all-time high this quarter.
政府报告称,本季度其外汇储备达到了历史新高。
5.Investors closely monitor changes in a country's forex reserve as it can indicate economic health.
投资者密切关注一个国家的外汇储备变化,因为这可能表明经济健康状况。
作文
Foreign exchange reserves, commonly referred to as forex reserve, play a crucial role in the financial stability of a country. These reserves are assets held by a central bank in foreign currencies, which can be used to influence monetary policy and stabilize the national currency. In an increasingly interconnected global economy, the importance of forex reserve cannot be overstated, as they provide a buffer against economic shocks and enhance a nation's credibility in international markets.The primary purpose of forex reserve is to ensure that a country can meet its international payment obligations. When a nation imports goods and services, it must pay for them in foreign currencies. Having sufficient reserves allows a country to manage its trade balance effectively and avoid defaulting on its debts. For instance, if a country has a high level of forex reserve, it can easily pay for imports even during economic downturns, thus maintaining stable economic growth.Moreover, forex reserve serves as a tool for monetary policy. Central banks can use these reserves to intervene in the foreign exchange market to stabilize or increase the value of their currency. For example, if a country's currency depreciates significantly, the central bank can sell some of its forex reserve to buy its own currency, thereby supporting its value. This intervention helps to maintain investor confidence and prevent capital flight, which can destabilize the economy.In addition to stabilizing the currency, forex reserve also acts as a safeguard against external shocks. Economic crises, geopolitical tensions, or sudden changes in commodity prices can lead to volatility in the foreign exchange market. Countries with substantial forex reserve are better equipped to withstand such shocks, as they can draw upon these reserves to support their economies. For instance, during the 2008 financial crisis, countries with strong reserves were able to implement stimulus measures without fearing immediate insolvency.Furthermore, forex reserve can enhance a country's credit rating. A higher level of reserves indicates to investors and credit rating agencies that a country is financially stable and capable of meeting its international obligations. This can lead to lower borrowing costs and increased foreign investment, further bolstering the economy. Conversely, a decline in reserves may raise concerns about a country's financial health, leading to higher interest rates and reduced investment.However, maintaining a large forex reserve comes with its own set of challenges. The opportunity cost of holding these reserves can be significant, as they are often invested in low-yielding assets like government bonds. Additionally, excessive accumulation of reserves can lead to inflationary pressures within the domestic economy. Therefore, it is essential for policymakers to strike a balance between maintaining adequate reserves and ensuring sustainable economic growth.In conclusion, forex reserve is a vital component of a nation's economic framework. It not only facilitates international trade but also provides stability during times of crisis. As global economic dynamics continue to evolve, the management of forex reserve will remain a critical focus for policymakers worldwide. Understanding the intricacies of these reserves is essential for anyone interested in the field of economics and finance, as they are integral to a country's overall economic health and stability.
外汇储备,通常被称为forex reserve,在一个国家的金融稳定中发挥着至关重要的作用。这些储备是中央银行以外币持有的资产,可以用于影响货币政策和稳定国家货币。在日益互联的全球经济中,forex reserve的重要性不容忽视,因为它们为抵御经济冲击提供了缓冲,并增强了一个国家在国际市场上的信誉。forex reserve的主要目的在于确保一个国家能够履行其国际支付义务。当一个国家进口商品和服务时,必须以外币支付。拥有足够的储备使一个国家能够有效管理其贸易平衡,避免违约。例如,如果一个国家拥有高水平的forex reserve,即使在经济衰退期间,它也能轻松支付进口费用,从而保持经济的稳定增长。此外,forex reserve还作为货币政策的工具。中央银行可以利用这些储备干预外汇市场,以稳定或提高本国货币的价值。例如,如果一个国家的货币大幅贬值,中央银行可以出售部分forex reserve来购买自己的货币,从而支持其价值。这种干预有助于维护投资者信心,防止资本外流,这可能会使经济不稳定。除了稳定货币,forex reserve还作为抵御外部冲击的保障。经济危机、地缘政治紧张局势或商品价格的突然变化都可能导致外汇市场的波动。拥有大量forex reserve的国家更能承受此类冲击,因为它们可以利用这些储备来支持其经济。例如,在2008年金融危机期间,拥有强大储备的国家能够实施刺激措施,而不必担心立即破产。此外,forex reserve还可以提升一个国家的信用评级。较高的储备水平向投资者和信用评级机构表明,一个国家财务稳定,能够履行其国际义务。这可以降低借款成本,增加外资投资,从而进一步增强经济。相反,储备的下降可能会引发对一个国家财务健康状况的担忧,从而导致利率上升和投资减少。然而,维持大量的forex reserve也带来了自身的挑战。持有这些储备的机会成本可能是显著的,因为它们通常投资于收益较低的资产,如政府债券。此外,过度积累储备可能会导致国内经济中的通货膨胀压力。因此,政策制定者必须在保持足够储备和确保可持续经济增长之间找到平衡。总之,forex reserve是一个国家经济框架的重要组成部分。它不仅促进国际贸易,而且在危机时期提供稳定。随着全球经济动态的不断演变,forex reserve的管理将始终是全球政策制定者的关键关注点。理解这些储备的复杂性对于任何对经济和金融领域感兴趣的人来说都是至关重要的,因为它们是一个国家整体经济健康和稳定的核心。
相关单词