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You are an advisor to your government in economic issues.Statistics say that the current account of your country shows $2400 deficit, the capital account is
You are an advisor to your government in economic issues.Statistics say that the current account of your country shows $2400 deficit, the capital account is in $40 surplus and the financial account, without official reserves amounts to a $3000 net outflow.The government is curious about the effects of this position on the exchange rate and official reserves.They would like to see a relatively stable exchange rate.What would be your advice to them, considering the present situation?
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