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The entire responsibility for the contents rests with the commentators. Reprint of the materials is available only with the permission of the editorial staff. Foreign exchange reserves also called Forex reserves are, in a strict sense, only the foreign currency deposits held by national central banks and monetary authorities See List of countries by foreign exchange reserves excluding gold. However, in popular usage and in the list below, it also includes gold reserves, special drawing rights SDRs and International Monetary Fund IMF reserve position because this total figure, which is usually more accurately termed as official reserves or international reserves or official international reserves, is more readily available. These foreign currency deposits are the financial assets of the central banks and monetary authorities that are held in different reserve currencies e. g.
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One of the very best things about Forex trading systems is that they remove the subjectivity from your trading.
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In simple words, you borrow at a low rate and lend at a higher rate.
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forex currency trader