Gold certificates,special drawing rights,the reserve position of the IMF,and the holdings of foreign currencies represent:

Question

Quizplus · Accepted Answer

These represent reserve assets, as they are held by central banks and other monetary authorities as a means of backing their own currency and providing liquidity in times of need. While they may have some monetary value, they are not necessarily considered to be currency in and of themselves.

Gold Certificates,special Drawing Rights,the Reserve Position of the IMF,and the Holdings