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Figure 19-9 -Refer to Figure 19-9.According to the Graph,is There a Surplus

Question 124

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Figure 19-9 Figure 19-9 -Refer to Figure 19-9.According to the graph,is there a surplus or shortage of Saudi Arabian riyal in exchange for U.S.dollars? To maintain the pegged exchange rate,will the Saudi central bank need to buy riyal in exchange for dollars or sell riyal in exchange for dollars? How many riyal will the Saudi central bank need to buy or sell?
-Refer to Figure 19-9.According to the graph,is there a surplus or shortage of Saudi Arabian riyal in exchange for U.S.dollars? To maintain the pegged exchange rate,will the Saudi central bank need to buy riyal in exchange for dollars or sell riyal in exchange for dollars? How many riyal will the Saudi central bank need to buy or sell?

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There is a surplus of riyal in exchange ...

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