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    International reserves are foreign currency assets held by central banks and monetary authorities. When the international stability of the peso is threatened, the central bank can intervene in the foreign exchange market by buying or selling domestic currency to influence exchange rates. International reserves are composed of gold, foreign currencies, special drawing rights, and IMF reserve positions which provide the central bank flexibility to ensure monetary and financial stability and maintain confidence in the national currency.

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    International reserves are foreign currency assets held by central banks and monetary authorities. When the international stability of the peso is threatened, the central bank can intervene in the foreign exchange market by buying or selling domestic currency to influence exchange rates. International reserves are composed of gold, foreign currencies, special drawing rights, and IMF reserve positions which provide the central bank flexibility to ensure monetary and financial stability and maintain confidence in the national currency.

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    International reserves are foreign currency assets held by central banks and monetary authorities. When the international stability of the peso is threatened, the central bank can intervene in the foreign exchange market by buying or selling domestic currency to influence exchange rates. International reserves are composed of gold, foreign currencies, special drawing rights, and IMF reserve positions which provide the central bank flexibility to ensure monetary and financial stability and maintain confidence in the national currency.

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    BM 2 PROJECT 1 M4L1

    1. Explain International Reserves.


    2. Explain Action When the International Stability of the Peso Is Threatened.
    3. Discuss composition of the International Reserves.
    4. Describe Section 67 of Article II.

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