外汇储备（foreign exchange reserve）.docVIP

外汇储备（foreign exchange reserve） Functions of foreign exchange reserves The function of foreign exchange reserves mainly includes the following four aspects: First, we should adjust the balance of payments and guarantee foreign payments. Two is to intervene in the foreign exchange market and stabilize the exchange rate of the local currency. Three is to maintain international reputation and improve foreign financing capability. Four is to strengthen the overall national strength and ability to resist risks. A certain foreign exchange reserve is an important means for a country to adjust its economy and realize its internal and external balance. When the international balance of payments deficit, the use of foreign exchange reserves can promote the balance of international payments; when the domestic macroeconomic imbalances, the total demand is greater than the total supply, can use the exchange organization of imports, to adjust the total supply and total demand, promote macroeconomic balance. At the same time, when the exchange rate fluctuates, foreign exchange reserves can be used to intervene in the exchange rate to stabilize it. Therefore, the foreign exchange reserve is an indispensable means to achieve balanced economic stability, especially in the continuous development of economic globalization, a countrys economy is more likely to be affected by other countries under the situation, even more so. Generally speaking, the increase in foreign exchange reserves can not only enhance the ability of macro-control, but also conducive to the maintenance of the state and enterprises in the international reputation, contribute to the expansion of international trade, attracting foreign investment, reduce the cost of financing, domestic enterprises to prevent and resolve international financial risk. Appropriate levels of foreign exchange reserves depend on a variety of factors, such as the import and export situation, the scale of external debt and the actual use of for