1. Foreign-exchange reserves have been maintained at their current low level only by failing to pay back some foreign debt. 2. Also, especially for a state with a booming population, it is prudent to maintain some reserves in case of an economic downturn, Winstead said. 3. By maintaining a reserve of dollars, yen, or deutsche marks, a country can buy its local currency and maintain its value. 4. Gold also still has value as a different method of maintaining reserves to currencies, he said. 5. In each instance, the hospital maintained reserves in the event that government auditors challenged the claimed costs. 6. In recent years, the company has maintained cash reserves and has sold out performances at City Center. 7. It was also approved even though Pinnacle was not licensed by the state, so it could not be compelled, as other insurers were, to maintain reserves. 8. Maintaining such reserves can be part of a prudent financial strategy, in case some expenses are disputed by federal health programs. 9. Proceeds would be used to maintain the reserves. |