--%>

Custodian of nations foreign exchange

Name the institution that acts as a custodian of nation’s foreign exchange reserves?

Answer: The Central Bank is an institution that acts as custodian of nation’s foreign exchange reserves.

   Related Questions in Macroeconomics

  • Q : Expenditure of money on party effects

    When you pay a straight A student in advance to write up your term paper and that person expends the money on a party and then, hung-over, can’t do a good job and hence you wind up with an F for submitting sloppily written gibberish, you encompass just suffered

  • Q : Adaptive expectations & Rational

    Question: Compare and contrast 'adaptive expectations' (Hubbard uses adaptive expectations)  and 'rational expectations' in modeling expectations. Answer:<

  • Q : Fiscal deficit in government budget

    What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.

  • Q : Shortage of the good Describe when

    Describe when there will be a shortage of the good?

  • Q : Internet technology in airline

    Speculate regarding the behavior which could result from Internet technology in airline transactions and propose 2 or more strategies to deal with them.

  • Q : Problem on production function Consider

    Consider a model economy with a production function Y = K0.2(EL)0.8, where K is capital stock, L is labor input, and Y is output. The savings rate (s), which is defined as

  • Q : Functions of central bank Describe

    Describe functions of central bank? Answer: (A) Issue of currency: Central bank is the only authority for the issue of currency

  • Q : Signals that guide economic decisions

    In market economies, what are the signals which guide economic decisions?

  • Q : Declines of percentage of income paid

    Since the percentage of income paid in taxes generally declines as taxpayer income increases, standard sales taxes and “sin” taxes [for example, excise taxes upon liquor or tobacco] are illustrations of: (1) proportional t

  • Q : Cost-push inflation Describe cost-push

    Describe cost-push inflation and its major source.