Русско-англо-русский юридический словарь

The tax proposed by Tobin in 1972 was a 0.1-0.25 per cent levy on all foreign currency exchange transactions in order to "throw sand in the wheels of global finance". His aim was to make exchange rates reflect fundamental economic realities over the long-term, rather than the short-term shocks that allow currency speculators to manipulate and take advantage of exchange rates. (theweek.co.uk)

"foreign exchange reserve. Deposits of a foreign currency held by a central bank. Holding the currencies of other countries as assets allow governments to keep their currencies stable and reduce the effect of economic shocks. The use of foreign exchange reserves became popular after the decline of the gold standard. ()

A foreign-currency transaction is one that requires settlement, either payment or receipt, in a foreign currency. (Chron)

“Why should it take me 48 hours to make a foreign currency payment?” said David Morton, chief financial officer of Seagate Technology, a major manufacturer of computer data storage devices. “I have 10,000 suppliers and handle 100,000 invoices a month. If I could pay people immediately, what kind of a discount would I get?” (New York Times)