Skip to main content

EFR full form, What is the full form of ERF


EFR full form, What is the full form of ERF

EFR full form, What is the full form of ERF
EFR full form, What is the full form of ERF

The full form of ERF is Exchange Fluctuation Reserve.
Price fluctuations in exchange markets result in gains and losses in the purchasing power of reserves. Therefore, a central bank must continually increase the number of its reserves to maintain the same power to manipulate exchange rates. Reserves of foreign currency provide a small return in interest.



Comments

Most Popular Post

MS Dhoni Photos

Indian Actress Priyal Mahajan Photos

what is Hydrometer

Sarita Mehendale Joshi (Actress) Wiki,Age, Education, Husband and Many More

Sushant Singh Rajput(Actor) Wiki, Age, Education, Career, Biography, and more...

Indian Actress Nandini Nayak Photos

Amazing Nail Art Designs

Gautami Deshpande (Actress) Wiki,Bio,Age, Education, Awards, Family and Many More

What is the Asteroid Belt

Kajal Tiwari Photos