Which of the Following Are the Tools Used by the Reserve

question 6

Multiple Choice

Which of the following are the tools used by the Reserve Bank to move the actual cash rate to the target cash rate?
i. Open market operations
ii. The interest rate on exchange settlement balances
iii. Selling foreign reserves

• A) i only
• B) ii only
• C) iii only
• D) i and ii
• E) i, ii and iii

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