International reserve assets include "foreign exchanges".These are
A)Special Drawing Rights (SDRs)at the IMF.
B)reserve positions in the International Monetary Fund (IMF).
C)foreign currency held by a country's central bank.
D)none of the options

Question

Quizplus · Accepted Answer

Foreign exchanges refer to foreign currency held by a country's central bank, which is an international reserve asset. Special Drawing Rights (SDRs) at the IMF and reserve positions in the IMF are also international reserve assets, but they are not specifically referred to as foreign exchanges. Therefore, options A and B are incorrect. Option D is also incorrect as there is a suitable choice.

International Reserve Assets Include "Foreign Exchanges".These Are