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How would you describe the reserve account of a nation's balance of payments?

One last category of international transactions involves those arising among governments and central banks. These transactions are recorded in the official reserve account of a nation's balance of payments.


How do you redeem bond?

http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/ http://www.savings-bond-advisor.com/federal-reserve-banks-that-handle-savings-bonds-transactions/


Did Labrador Nature reserve become Singapore's official nature reserve?

yes


Can I use euros in Switzerland for transactions?

No, Switzerland does not use the euro as its official currency. The Swiss franc (CHF) is the official currency used for transactions in Switzerland.


What is the most valuable bill?

The highest U.S. high denomination bill is $100,000. The 100,000 dollar bill features Woodrow Wilson on it. They were only used for official transactions between Federal Reserve Banks and were not released to the public.


Can you use USD in Greece for transactions?

No, the official currency used for transactions in Greece is the Euro, not the US Dollar.


What will be Journal entry for purchase of building from general reserve account?

General reserve account cannot be used for purchases of building as general reserve accounts is fixed for some limited kind of transactions like


What is the official language in US?

There is no official language in the US. English is the language used for legal transactions.


Official who rules in place of another?

An official who takes the position of another official is usually called a substitute, reserve, or replacement official.


Which banks are the biggest ACH operators?

The biggest ACH operators are the Federal Reserve Banks. ACH stands for automated clearing house. The Federal Reserve handles 60% of these transactions.


What is official reserve account?

The official reserve account, a subdivision of the capital account, is the foreign currency and securities held by the government, usually by its central bank, and is used to balance the payments from year to year.


What is the limit of transactions in saving bank account?

6 per month as mandated by the Federal Reserve under regulation D