The Exchange Equalisation Account (EEA) is a fund of Her Majesty's Treasury in the United Kingdom. It holds the country's the special drawing rights (SDR) held at the International Monetary Fund as well as reserves of foreign currencies and gold.
What is Exchange Equalisation Reserve?
An equalization reserve is a reserve maintained by an insurance company to prevent cash depletion due to catastrophic events, such as floods, tornadoes, and fires.
What is ESF account?
The Exchange Stabilization Fund (ESF) is an emergency reserve account that can be used by the U.S. Department of Treasury to mitigate instability in various financial sectors, including credit, securities, and foreign exchange markets. ... The ESF was created and financed by the Gold Reserve Act of 1934.