stabilization fund

American  

noun

1. a monetary reserve established by a country to provide funds for maintaining the official exchange rates of its currency by equalizing the buying and selling of foreign exchange.

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Example Sentences

One week later, the Treasury announced a $20 billion currency swap financed through America’s Exchange Stabilization Fund, which Argentina used to make its Nov. 1 IMF debt payment.

From MarketWatch

U.S. officials said it would use the Treasury’s rainy-day facility, called the Exchange Stabilization Fund, to finance the swap.

From The Wall Street Journal

The $20 billion currency swap comprises most of the funds available in the Treasury’s rainy-day facility, called the Exchange Stabilization Fund.

From The Wall Street Journal

The swap line is presumably backed by Treasury’s Exchange Stabilization Fund.

From The Wall Street Journal

The U.S. also said it might buy Argentine debt and use its Exchange Stabilization Fund to provide standby credit.

From The Wall Street Journal