Official reserve assets
Describe the official reserve assets and some of its important components.
Expert
Official reserve assets are those financial assets which may be used as an international means of payments. Presently, components of the official reserve assets are as follows:
a) Foreign exchanges,
b) Gold,
c) Special drawing rights (SDRs), and
d) Reserve positions with the IMF.
Foreign exchanges are by far the main official reserves.
what is accounting equation? explain accounting equation and explain its importance?
Revenue: The amount (sum) of money which a company really receives throughout a specific period, comprising discounts and deductions for the returned merchandise. This is the "top line" or "annual income" figure from which costs are subtracted to find
Write an article on Global expansion's strategy followed during 1990.
Discuss the purpose of the foreign branch bank.
Part A During 2012 the Australian Company Woolworths Ltd (WOW) sold its subsidiary business called Dick Smith Electronics. Within 8 months of the FOR SALE sign going up Anchorage bought the Dick Smith Business for $20 million. This is the same amount Woolworths Ltd bought
1 You're trying to save to buy a new $200,000 Ferrari. You have $40,000 today that can be invested at your bank. The bank pays 5.5 percent annual interest on its accounts. How long will it be before you have enough to buy the car? 2 Although appealing
Define the terms Fictitious Assets?
List different types of the international banking offices.
Describe what you mean by the incremental cash flows of a capital project.
Assume that your firm is operating in the segmented capital market. State some of the actions that you would recommend to diminish the negative effects?
18,76,764
1955643 Asked
3,689
Active Tutors
1414719
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!