#866133

#866133: Changes in official reserves occur when governments intervene in the foreign exchange markets to influence exchange rates. When exchange rates are truly flexible, changes in official reserves are zero.

Changes in official reserves occur when governments intervene in the foreign exchange markets to influence exchange rates. When exchange rates are truly flexible, changes in official reserves are zero.
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Тематика: Валютные операции во внешней торговле Ведение операций с иностранной валютой и чеками Внешнеторговые сделки
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Since all entries in the balance of payments should collectively sum to zero, the balance of- payments accountant can determine the errors that were made. This is called the statistical discrepancy. With constant exchange rates, the correctly measured deficit/surplus in the current account equals the correctly measured surplus/deficit in the capital account. A country records its international finance accounts in its It is equally valid to consider a current-account deficit/surplus to be the cause of, or to be caused by, a capital-account surplus/deficit. Flexible exchange rates are determined by the forces of … supply and demand.