Which of the following would not count as a foreign-exchange reserve held by a central bank?
A)The local currency
B)U.S.dollars
C)SDRs
D)Euro

Question

Quizplus · Accepted Answer

Foreign-exchange reserves are assets held by central banks in foreign currencies, special drawing rights (SDRs), and International Monetary Fund (IMF) reserve positions. The local currency is not considered a foreign-exchange reserve because it is the domestic currency, not a foreign asset.

Which of the Following Would Not Count as a Foreign-Exchange