How are foreign reserves acquired?

Foreign exchange reserves are accumulated the same way an individual acquires savings – by taking in more than it spends.

• Selling the government property abroad
• From private foreign investment abroad
• From export receipts
• Income from tourism industry
• Through remittance from those working abroad
• Foreign money aid
• Through borrowing
• by selling the domestic currency in exchange for foreign currency.
• purchasing reserves outright
• attracting foreign businesses,