Saturday, 20 August 2011
Your Questions About What Is Foreign Exchange Reserves
Ruth asks…What is the source of foreign exchange reserves?From trade, right? But when companies sell their products in foreign markets, it's the companies who collect the revenue, not the government right? So how does all this foreign money end up in possession of a central bank?admin answers:From trading their own currency.Mary asks…What macroeconomic concepts can I use to analyze foreign exchange reservesWe were asked to analyzed this
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