In contrast to other countries' currencies,the Japanese yen and yen-denominated assets are the major component of international reserves held by countries.

Question

Quizplus · Accepted Answer

The major components of international reserves held by countries are typically the U.S. dollar and the Euro, not the Japanese yen. The yen is considered a key currency but does not dominate international reserves.

In Contrast to Other Countries' Currencies,the Japanese Yen and Yen-Denominated