Examples are gold or assets denominated in foreign currency or otherwise backed up by foreign debt, like foreign cash, stocks or bonds.
en.wikipedia.org The government was forced to draw down foreign exchange reserves sharply in 1998 to meet foreign debt obligations, putting further pressure on the kwacha and inflation.
en.wikipedia.org The shortage of foreign exchange because of a chronic trade deficit, a large foreign debt, and dwindling foreign aid has constrained economic development.
en.wikipedia.org The measures enacted in 1976 also produced a huge foreign debt by the late 1980s, which became equivalent to three-fourths of the GNP.
en.wikipedia.org Instead, they buy anything -- foreign debt, asset-backed securities, stocks, preferreds, and even derivatives -- to boost yields and hedge against price drops if interest rates rise.
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