„Gold Reserves“

What does Gold Reserves stand for?

Gold retained by a nation or its central banks contributing to the nation’s creditworthiness in the issuance of bonds and currency, although there may be no commitment by it to exchange gold for its currency.

Source:

Eichengreen, Barry. “Golden Fetters: The Gold Standard and the Great Depression, 1919-1939.” Oxford University Press, 1992.

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