A central reserve asset is a holding that has value that is held by private banks in case of a liquidity crisis.

Name: A central reserve asset is a holding that has value that is held by private banks in case of a liquidity crisis.
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A central reserve asset is typically held by central banks (not private banks) as part of their foreign exchange reserves to manage the country's currency exchange rate and ensure financial stability.

A Central Reserve Asset Is a Holding That Has Value