Reserve assets

  • Reserve assets are currencies or other assets, such as gold, that can be readily transferable and are used to balance international transactions and payments.
  • A reserve asset must be readily available, physical, controlled by policymakers, and easily transferable.
  • The U.S. dollar is a reserve currency, meaning it is widely held as a reserve asset around the world.
  • Reserve assets accounted for 68.5% of India’s international financial assets in September 2021. 

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