00:01
The answer is option a, answer is option a, gold plus sdr plus foreign currency.
00:23
Our liquidity reserves for the central bank was are the assets that are fed and use its short term liabilities and to enter the financial market.
00:33
So these assets hold special drawing rights and foreign currency.
00:44
Liquidity reserves for central bank of the us are assets that fed can use short term liability, short term liability.
01:20
Gold is a precious metal that has been used as a store of value for centuries.
01:25
Fed holds gold in its reserves because it is relatively stable asset that can be converted to cash.
01:34
Gold, the fed holds gold reserves because it is relatively stable asset that can be easily converted.
02:14
Then sdr, national reserve asset created by the international monetary fund, created by national monetary fund.
02:47
They're based on a basket of currencies in us dollar, euro, euro, japanese yen, the british pound and the chinese...