Definition: Other foreign currency assets

Category: Balance of payments

Other foreign currency assets shall mean (i) claims held by the Eurosystem on euro-area residents denominated in currencies other than the euro and (ii) claims held by the Eurosystem on non-euro-area residents denominated in currencies other than the euro which do not meet the liquidity, marketability and creditworthiness criteria of reserve assets. http://eur-lex.europa.eu/LexUriServ/site/en/oj/2004/c_292/c_29220041130en00210062.pdf
Source:
European Union, Recommendation of the European Central Bank of 16 July 2004 on the statistical reporting requirements of the European Central Bank in the field of balance of payments and international investment position statistics, and the international reserves template (ECB/2004/16)
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