A

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Q. Which of the following is NOT true about the reserve currency standard?

  • (A) The currency to which the rates are fixed should be the same as the currency the central bank holds.
  • (B) Exchange rates are all fixed.
  • (C) The reserve center can use monetary policy to keep exchange rates fix
  • (D) None of these
  • Correct Answer - Option(C)
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  • Filed under category Economic
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