What constitutes international reserve assets

The composition of international reserve assets is diverse, including gold, net reserves, and so on.

1. Gold reserves are the last resort in international payments and clearing.

2. Foreign exchange is freely convertible foreign exchange.

At present, countries are still dominated, including some developed countries.

3. Special Drawing Rights.

A unit of account issued by the United Nations Fund.

To be allocated to Member States in proportion to their share of the International Monetary Fund for intergovernmental settlement or repayment of IMF loans.

4. Net reserves in the International Monetary Fund.

The 25% share of foreign exchange funds that member countries contribute to the Fund can be used to balance the international payments.