I'm interested in understanding the concept of foreign exchange reserves, specifically in the context of Kenya. I want to know what these reserves entail and how they function within the Kenyan economic framework.
7
answers
GwanghwamunGuardian
Mon Jan 27 2025
Foreign exchange reserves can take various forms.
Margherita
Sun Jan 26 2025
Corporate bonds, which are debt securities issued by corporations to borrow money from investors.
EtherWhale
Sun Jan 26 2025
One such form is special drawing rights, which are international monetary assets that supplement the existing reserve assets of member countries.
Silvia
Sun Jan 26 2025
Another form is marketable securities denominated in foreign currencies.
alexander_rose_writer
Sun Jan 26 2025
Equities, which represent ownership interests in corporations.