A central bank’s or foreign exchange authority’s holdings of foreign currency. – See tender obligation, export premium, exposure quota, foreign exchange allowance procedure, foreign exchange reserves, foreign exchange advance, compulsory foreign exchange economy, parallelism requirement, exchange rate surveillance, compulsory exchange rate.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/