|
- UID
- 217810
- 帖子
- 303
- 主题
- 159
- 注册时间
- 2011-5-24
- 最后登录
- 2012-9-12
|
13#
发表于 2011-7-13 16:41
| 只看该作者
psriniva Wrote:
-------------------------------------------------------
> We are talking about Federal Reserve selling
> foreign bonds from its repository. We are not
> referring to selling foreign bonds by ordinary
> citizen or an US Bank.
>
> Federal Reserve selling foreign bonds held in its
> repository is counted in Official Reserves. This
> action brings in Dollars and out goes the foreign
> asset.
> This will be a counter balance for the current
> account deficit.
The balance of the official reserve was tiny in comparison
to massive dificit in current account. Investment account balance OTOH was close to dificit amount. |
|
