Currency crises may result from_______. ( )
A: speculative attacks on the currency or central banks purchasing excessive amounts of government bonds.
B: political upheaval leading to lowering exports.
C: a reconfiguration of central bank balance sheets.
D: central bank balance sheets with higher liabilities than assets.
A: speculative attacks on the currency or central banks purchasing excessive amounts of government bonds.
B: political upheaval leading to lowering exports.
C: a reconfiguration of central bank balance sheets.
D: central bank balance sheets with higher liabilities than assets.
举一反三
- In the balance sheet of the People's Bank of China, the reserve currency includes (). A: currency issue B: deposits of other deposit companies C: government deposits D: central bank bonds E: business or household deposits
- Which of the following changes to the central bank will increase the deposit reserve of commercial banks, assuming the assets of the central bank remain unchanged? A: Increase in deposits of the Ministry of Finance in the central bank B: Foreign deposits in the central bank increase C: Increase in central bank bond issuance D: Reduction of currency in circulation
- Which activity should be regarded as credits in the balance of payments? A: Increase in ownership of domestic assets by foreigners B: Decrease in domestic currency reserves by foreign central banks C: Increase of official reserves by domestic central bank D: Imports of goods and services from foreign countries
- For a Central Bank, currency is( ) A: A Liability. B: An Assets. C: None<br/>of the above.
- In order to prevent home currency from appreciating, a central bank need _________.