Question
suppose that suppose that country A's central bank buys 2000 $ worth of foreign currency holdings held in a country B commercial bank by an
suppose that suppose that country A's central bank buys 2000 $ worth of foreign currency holdings held in a country B commercial bank by an A citizen. The central bank adds the foreign currency to its own commercial bank account in country B. this transaction would be recorded in country A's balance of payments account as select one:
A) it will have no effect on the A's balance of payments
B) a credit of 2000$ in official reserve transactions balance
C) a debit of 2000$ in short term capital account
D) a debit of 2000$ in official reserve transactions balance
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