Canadian residents' foreign currency deposits fall into which of the following categories?

Name: Canadian residents' foreign currency deposits fall into which of the following categories?
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Question

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M3 includes M2 plus large time deposits, institutional money market funds, short-term repurchase agreements, and larger liquid assets. Canadian residents' foreign currency deposits would be considered a part of M3, as they are larger liquid assets not included in the narrower definitions of money supply (M1 and M2).

Canadian Residents' Foreign Currency Deposits Fall into Which of the Following