EFR full form

Meaning : Exchange Fluctuation Reserve

Category : Economics
Sub Category :Reserve system
Type : Initialism

EFR full form – Exchange Fluctuation Reserve

What is the full form of EFR and meaning ?

When gold bullion prices and foreign exchange rates fluctuate over a certain period of time, then these monetary losses or gains can be recorded and funds stored separately in an account. In times of low gold prices, there is a pressure on the EFR.