net exchange reserve

简明释义

外汇净储备

英英释义

Net exchange reserve refers to the total amount of foreign currency reserves held by a country's central bank, minus any liabilities or obligations that may be due in foreign currencies.

净外汇储备是指一个国家中央银行持有的外币储备总额,减去任何可能到期的外币负债或义务。

例句

1.The central bank reported that the net exchange reserve reached an all-time high last quarter.

中央银行报告称,上个季度的净外汇储备达到了历史最高水平。

2.The country's net exchange reserve has increased significantly due to a rise in exports.

由于出口增加,该国的净外汇储备显著增加。

3.Investors are closely monitoring the net exchange reserve as an indicator of economic stability.

投资者密切关注净外汇储备,作为经济稳定性的指标。

4.A high net exchange reserve can help a country defend its currency against speculation.

高水平的净外汇储备可以帮助一个国家抵御对其货币的投机。

5.Changes in the net exchange reserve can affect inflation rates and interest rates.

净外汇储备的变化可能会影响通货膨胀率和利率。

作文

The concept of net exchange reserve refers to the total amount of foreign currency and gold held by a country's central bank, minus any liabilities it has in foreign currencies. This reserve is crucial for a country’s economic stability and plays a significant role in international trade and finance. Understanding net exchange reserve is essential for grasping how countries manage their economies and respond to external shocks.Countries maintain net exchange reserve to ensure they can meet their international payment obligations. For instance, if a nation imports more than it exports, it might face a deficit that could lead to a depreciation of its currency. By holding sufficient reserves, the central bank can intervene in the foreign exchange market to stabilize the currency's value, thereby instilling confidence among investors and trading partners.Moreover, net exchange reserve serves as a buffer against economic crises. During times of financial instability, such as a sudden influx of capital outflows or a global recession, a robust reserve allows a country to support its currency and prevent drastic fluctuations. This was evident during the 2008 financial crisis when many countries relied on their reserves to stabilize their economies and maintain investor confidence.In addition to stabilization, net exchange reserve is also vital for a country’s creditworthiness. Investors and international institutions often assess a nation’s reserves to determine its ability to repay debts. A higher reserve level indicates a lower risk of default, making it easier for the country to borrow money at favorable interest rates. Conversely, low reserves may signal economic weakness, leading to higher borrowing costs and reduced investment inflows.Another important aspect of net exchange reserve is its impact on monetary policy. Central banks can utilize reserves to influence domestic interest rates and control inflation. For example, if a country faces inflationary pressures, the central bank might sell some of its reserves to buy back its currency, thereby reducing the money supply and stabilizing prices.Furthermore, the composition of net exchange reserve can vary significantly between countries. Some nations may hold a larger proportion of their reserves in gold, while others may prefer foreign currencies like the US dollar or euro. This diversification helps mitigate risks associated with currency fluctuations and geopolitical tensions.In conclusion, the importance of net exchange reserve cannot be overstated. It acts as a safeguard for a nation's economy, providing stability in times of crisis, enhancing creditworthiness, and allowing for effective monetary policy implementation. As global economic dynamics continue to evolve, understanding the role of net exchange reserve will remain crucial for economists, policymakers, and investors alike. Countries must strive to maintain adequate reserves to navigate the complexities of the international financial landscape effectively.

“净外汇储备”的概念是指一个国家中央银行持有的外币和黄金的总额,减去其在外币方面的任何负债。这一储备对于一个国家的经济稳定至关重要,并在国际贸易和金融中发挥着重要作用。理解“净外汇储备”对于掌握各国如何管理经济和应对外部冲击是必不可少的。各国维持“净外汇储备”,以确保能够满足其国际支付义务。例如,如果一个国家的进口超过出口,它可能会面临赤字,从而导致其货币贬值。通过持有足够的储备,中央银行可以在外汇市场进行干预,以稳定货币的价值,从而增强投资者和贸易伙伴的信心。此外,“净外汇储备”还作为经济危机的缓冲。在金融不稳定时期,例如资本外流突然增加或全球经济衰退,强大的储备使一个国家能够支持其货币,防止剧烈波动。这在2008年金融危机期间得到了体现,当时许多国家依靠其储备来稳定经济并维持投资者信心。除了稳定性外,“净外汇储备”对于一个国家的信用worthiness也至关重要。投资者和国际机构通常会评估一个国家的储备,以确定其偿还债务的能力。较高的储备水平表明违约风险较低,使该国能够以有利的利率借款。相反,低储备可能会发出经济疲软的信号,导致借款成本上升和投资流入减少。“净外汇储备”的另一个重要方面是其对货币政策的影响。中央银行可以利用储备来影响国内利率并控制通货膨胀。例如,如果一个国家面临通货膨胀压力,中央银行可能会出售部分储备以回购本国货币,从而减少货币供应并稳定物价。此外,“净外汇储备”的组成在各国之间可能存在显著差异。一些国家可能在其储备中持有更大比例的黄金,而其他国家则可能更喜欢美元或欧元等外币。这种多样化有助于降低与货币波动和地缘政治紧张局势相关的风险。总之,“净外汇储备”的重要性不容小觑。它作为一个国家经济的保障,在危机时期提供稳定,增强信用worthiness,并允许有效实施货币政策。随着全球经济动态的不断演变,理解“净外汇储备”的作用将继续对经济学家、政策制定者和投资者至关重要。各国必须努力保持足够的储备,以有效应对国际金融环境的复杂性。