Authors

  • Зарина Переверзева

DOI:

https://doi.org/10.71337/inlibrary.uz.science-research.139297

Keywords:

external debt gold and foreign exchange reserves debt sustainability international reserves emerging markets.

Abstract

The article is devoted to analyzing the role of gold and foreign exchange reserves in ensuring the financial stability of emerging market economies, particularly in the context of their external debt. It examines how reserves affect debt-related risks through liquidity, the exchange rate, and credit ratings. The article concludes that maintaining an adequate volume and quality of reserves is essential for preventing balance-of-payments crises and reducing the cost of debt servicing.

References

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