If the U.S. government decreased its holdings of Mexican pesos, definitely

Name: If the U.S. government decreased its holdings of Mexican pesos, definitely
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Question

Quizplus · Accepted Answer

If the U.S. government decreased its holdings of Mexican pesos, it would lead to a decrease in U.S. official reserves as they would be selling pesos and receiving dollars in exchange. This would not lead to an increase in capital and financial account, as it is only a transfer of assets between the U.S. government and the Mexican government.

If the US Government Decreased Its Holdings of Mexican Pesos, Definitely