How do central banks use official reserve assets

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Reference no: EM131303895

1. What are official reserve assets? How do central banks use official reserve assets?

2. If the U.S. current account deficit is $400 billion, and if the statistical discrepancy is zero, what is the financial account balance? Does this financial account balance represent a net capital outflow or a net capital inflow?

Reference no: EM131303895

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