U.S. official reserves are the
A) reserves of U.S. dollars held by the World Bank.
B) U.S. government's holdings of foreign currency.
C) reserves of U.S. dollars held by foreign banks.
D) holdings of foreign currency by the public and the banks.

Question

Quizplus · Accepted Answer

U.S. official reserves consist of the U.S. government's holdings of foreign currencies, which are used to influence exchange rates and stabilize the economy.

U.S. Official Reserves Are the