The oﬃcial reserves of a nation's central bank include

Question

Quizplus · Accepted Answer

The oﬃcial reserves of a nation's central bank include foreign currencies, bonds issued by foreign governments, gold reserves, and special reserves held at the International Monetary Fund. Option A is incorrect as it states only foreign currencies. Option C is incorrect as the central bank does not hold stock of domestic currencies. Option D is incorrect as it includes all domestic and foreign financial assets held by the central bank which are not part of the official reserves.

The Oﬃcial Reserves of a Nation's Central Bank Include