Under a System of Fixed Exchange Rates,if the International Reserves

Multiple Choice

Under a system of fixed exchange rates,if the international reserves of a country's central bank become exhausted,it cannot keep its currency

A) from appreciating,and a devaluation must take place in which the official exchange rate is set at a lower value
B) from appreciating,and a devaluation must take place in which the official exchange rate is set at a higher value
C) from depreciating,and a devaluation must take place in which the official exchange rate is set at a lower value
D) from depreciating,and a revaluation must take place in which the official exchange rate is set at a higher value