international reserves

International reserves are assets held by a country's central bank or monetary authority in foreign currencies, gold, or other foreign-denominated assets. They are used to support the country's currency stability, pay for imports, and manage economic stability during financial crises. Think of them as a financial safety net that can be used to intervene in the currency market, ensure confidence among investors, and meet international obligations. Essentially, these reserves help a country maintain economic stability and currency value in the global financial system.