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Can any one explain me official reserve transactions and it's importance in BOP?
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Can any one explain me official reserve transactions and it's importan...
Financing the deficit by selling assets or by borrowing from abroad by monetary authorities of a domestic country is known as official transactions or balancing the surplus by lending to abroad or purchasing assets from abroad by monetary authorities is called official reserves.The decrease in official reserves is known as overall Balance of Payments deficit and the increase in official reserves is known as overall Balance of Payments surplus.Importance of payments deficit or surplus are:(i) Overall Balance of Payments deficit or surplus can be adjusted through official transactions.(ii) It fulfills the good of basic promise that the monetary authorities are the ultimate financiers of any deficit in the Balance of Payments or the receipts of any surplus.
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Can any one explain me official reserve transactions and it's importance in BOP?
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Can any one explain me official reserve transactions and it's importance in BOP? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Can any one explain me official reserve transactions and it's importance in BOP? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can any one explain me official reserve transactions and it's importance in BOP?.
Can any one explain me official reserve transactions and it's importance in BOP? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about Can any one explain me official reserve transactions and it's importance in BOP? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Can any one explain me official reserve transactions and it's importance in BOP?.
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