foreign exchange reserve
简明释义
外汇储备
英英释义
Foreign exchange reserves are the assets held by a central bank in foreign currencies, used to back liabilities and influence monetary policy. | 外汇储备是中央银行持有的以外币计价的资产,用于支持负债和影响货币政策。 |
例句
1.A decline in foreign exchange reserve 外汇储备 can lead to a depreciation of the national currency.
外汇储备 foreign exchange reserve的下降可能导致国家货币贬值。
2.A strong foreign exchange reserve 外汇储备 can help stabilize a nation's currency during economic turmoil.
强大的外汇储备 foreign exchange reserve可以帮助在经济动荡期间稳定国家货币。
3.Investors often look at a country's foreign exchange reserve 外汇储备 as an indicator of its financial health.
投资者通常将一个国家的外汇储备 foreign exchange reserve视为其财务健康的指标。
4.The central bank decided to use part of its foreign exchange reserve 外汇储备 to intervene in the currency market.
中央银行决定使用部分外汇储备 foreign exchange reserve来干预货币市场。
5.The country's foreign exchange reserve 外汇储备 has increased significantly over the past year.
该国的外汇储备 foreign exchange reserve在过去一年中显著增加。
作文
Foreign exchange reserves are a crucial part of a country's economy, serving as a buffer against economic fluctuations and helping to maintain stability in the financial system. These reserves typically consist of foreign currencies, gold, and other assets that can be easily converted into cash. The primary purpose of maintaining a robust level of foreign exchange reserve is to support the national currency's value and facilitate international trade. When a country has sufficient reserves, it can intervene in the foreign exchange market to stabilize its currency during times of volatility. For instance, if a country's currency is depreciating rapidly, the central bank can sell some of its foreign exchange reserves to buy back its currency, thereby increasing demand and helping to stabilize its value. This action not only reassures investors but also helps to keep inflation in check. Moreover, having a healthy level of reserves can enhance a country's creditworthiness, making it easier for the government to borrow money at favorable interest rates.In addition to stabilizing the currency, foreign exchange reserves play a vital role in international trade. Countries with significant reserves can import goods and services more easily, as they have the means to pay for them in foreign currencies. This is particularly important for nations that rely heavily on imports for essential goods like food and energy. By ensuring that they have adequate reserves, these countries can protect themselves from external shocks, such as sudden spikes in global commodity prices or disruptions in supply chains.Furthermore, foreign exchange reserves can serve as a safeguard against economic crises. For example, during the 2008 financial crisis, many countries that had built up substantial reserves were better equipped to handle the downturn. They could use their reserves to provide liquidity to their banking systems or to finance fiscal stimulus measures aimed at boosting their economies. In contrast, countries with low reserves faced greater challenges, often requiring assistance from international organizations like the International Monetary Fund (IMF).However, maintaining large foreign exchange reserves is not without its challenges. It requires careful management and can tie up significant amounts of capital that could otherwise be invested in domestic development projects. Additionally, holding reserves in foreign currencies exposes countries to exchange rate risk. If the value of those currencies declines, the real value of the reserves diminishes, potentially impacting the country's financial stability. In conclusion, foreign exchange reserves are an essential component of a nation's economic strategy, providing stability, supporting international trade, and acting as a buffer during economic downturns. While there are challenges associated with managing these reserves, their importance cannot be overstated. Governments must strike a balance between maintaining adequate reserves to ensure economic stability and investing in domestic growth initiatives that can foster long-term prosperity.
外汇储备是一个国家经济的重要组成部分,充当经济波动的缓冲,并帮助维持金融体系的稳定。这些储备通常由外币、黄金和其他可以迅速转换为现金的资产组成。维持充足的外汇储备的主要目的是支持国家货币的价值并促进国际贸易。当一个国家拥有足够的储备时,它可以在外汇市场上干预,以稳定其货币在波动时期的表现。例如,如果一个国家的货币快速贬值,中央银行可以出售一部分外汇储备来回购其货币,从而增加需求,帮助稳定其价值。这一举措不仅能让投资者放心,还能帮助控制通货膨胀。此外,拥有健康的储备水平可以提升一个国家的信用度,使政府能够以优惠的利率借款。除了稳定货币之外,外汇储备在国际贸易中也发挥着重要作用。拥有大量储备的国家可以更轻松地进口商品和服务,因为它们有能力用外币支付。这对那些严重依赖进口基本商品(如食品和能源)的国家尤为重要。通过确保其拥有足够的储备,这些国家可以保护自己免受外部冲击,例如全球商品价格的突然飙升或供应链的中断。此外,外汇储备还可以作为经济危机的保障。例如,在2008年金融危机期间,许多积累了大量储备的国家更好地应对了经济下滑。它们可以利用储备为银行系统提供流动性或为旨在刺激经济的财政刺激措施融资。相比之下,储备较少的国家面临更大的挑战,通常需要国际组织(如国际货币基金组织)提供援助。然而,维护大量的外汇储备并非没有挑战。这需要谨慎管理,并可能占用大量本可用于国内发展项目的资本。此外,以外币持有储备会使国家面临汇率风险。如果这些货币的价值下降,储备的实际价值就会减少,可能影响国家的金融稳定。总之,外汇储备是国家经济战略的重要组成部分,提供稳定性,支持国际贸易,并在经济低迷时充当缓冲。尽管管理这些储备存在挑战,但其重要性不容小觑。政府必须在维持足够储备以确保经济稳定和投资于能够促进长期繁荣的国内增长计划之间找到平衡。
相关单词