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Hello my tutor. I really need your assistance with this question. Please be accurate. Hello My Tutor. The Questions Is Found Below. I Need a

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Hello my tutor. I really need your assistance with this question. Please be accurate.

image text in transcribed Hello My Tutor. The Questions Is Found Below. I Need a 300 Word Original Response. Please Be Accurate and Use APA style for Citing and References. Several years ago, an article in the Economist stated, \". . . foreign central banks seem to have reduced their purchases of American Treasuries: ocial holdings of these rose by only $2 billion in the first seven months of 2005, against $295 billion in (the whole of) 2004 and $175 billion in 2003. If this trend continues, other currencies could one day challenge the dollar's dominance . . .\" Has this trend continued? What impact might such a reduction in purchases of U.S. treasury securities have on the cost of short- and long-term financing? If the central bank of another country increases interest rates, how does that aect purchase of American Treasuries? Does the country, Nigeria, purchase American Treasuries? To what extent

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