Question

Heya...

What are official reserve transactions?

Answer 1

financing that deficit by selling assets or by borrowing from abroad by monetary authorities of a domestic country is known as official reserve transaction
*but its not widely possible in our country
*it helps'in overall balance of payment deficit or surplus can be adjusted through official reserve transaction

*the bank which is well famous are
# reserve Bank of India
# state Bank of India
# syndicate Bank of India

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Answer 2

Official reserve transactions are thetransactions made by the Central Bank which cause changes in its official reserves of foreign exchange. This happens only when an economy withdraws from its stock of foreign exchange reserves to finance deficit in its overall BOP.