The reserve of a country

[greedy and cunning]

Hi ,
i am just curious to know this.
every country has something called foreign reserve.

do anyone know :
1] is this a mixture of currencies of different countries and gold ?
2] when is it kept ?
3] does it paid interest ?

when a country said they have 2 billions US$ worth of foreign reserve ,
can it be verified ?

 

[middaydog]

when a country said they have 2 billions US$ worth of foreign reserve ,
can it be verified ?

it will take 50 man-year

 

[prinzy]

Yes, definitely. Ask Con Yew.