When a nation is experiencing a balance-of-payments deficit, its treasury or central bank will engage in a net sale of its official reserves.

Name: When a nation is experiencing a balance-of-payments deficit, its treasury or central bank will engage in a net sale of its official reserves.
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When a nation is experiencing a balance-of-payments deficit, its treasury or central bank will engage in a net sale of its official reserves to fund the deficit and stabilize the currency.

When a Nation Is Experiencing a Balance-Of-Payments Deficit, Its Treasury