Suppose that the balance on the Australian current account is AUD +175 billion in Quarter 4 of 2020. The balance on the capital account over the same period is AUD-200 billion. Ignoring statistical discrepancies, the balance on the reserve account is: There is not enough information to answer this question. Australia must have a net debit in the reserve account of 25 billion, Australia has increased its holdings of official reserves over this period. o None of the other answers. Australia must have a net credit in the reserve account of 25 billion, Australia has reduced its holdings of official reserves over this period. Australia must have a net credit in the reserve account of 25 billion, Australia has increased its holdings of official reserves over this period