A central bank sale of _____ to purchase ______ in the foreign exchange market results in a rise in its international reserves and the money base.

Name: A central bank sale of _____ to purchase ______ in the foreign exchange market results in a rise in its international reserves and the money base.
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Question

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A central bank sells domestic currency to purchase foreign assets (or foreign currency) in the foreign exchange market, which increases its international reserves and expands the money base.

A Central Bank Sale of _____ to Purchase ______ in the Foreign

A Central Bank Sale of _ to Purchase __ in the Foreign