IMF drawings,swap arrangements,buffer stock facility,and compensatory financing for exports are classified as owned reserves rather than borrowed reserves.

Question

Quizplus · Accepted Answer

IMF drawings, swap arrangements, buffer stock facility, and compensatory financing for exports are classified as borrowed reserves, not owned reserves, because they involve borrowing or temporary financial assistance.

IMF Drawings,swap Arrangements,buffer Stock Facility,and Compensatory Financing for Exports Are