# Foreign exchange (xenocurreny)

- Canonical URL: https://www.gerhardmerk.de/foreign-exchange-xenocurreny
- Post ID: 591480
- Modified: 2023-07-25T21:00:58+00:00
- Language: en

## Definition

Domestic money in the hands of non-residents or foreign money in the possession of residents. - Foreign exchange can exist not only in the form of cash - then called foreign notes and coins in banking parlance - but also as foreign currency claims, balances in foreign banks, checks, remittances and bills of exchange. - See discount, cash foreign exchange, denomination, foreign exchange market, cash equivalents. - See the annex "Euro area statistics," section "Monetary statistics," subheading "Consolidated financial statement of the Eurosystem" in the respective ECB Monthly Bulletin on foreign currency claims. Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! 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/

## Machine-readable

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