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In which of the following planes does a forward roll occur?
Foreign-exchange Reserves
Assets held by a central bank in foreign currencies, which are used to back liabilities on their own issued currency as well as to influence monetary policy.
Pegged Exchange Rate
A currency system where a country's currency value is fixed or linked to another currency or a basket of currencies.
Fixed Exchange-rate System
A currency system where the value of a country's currency is pegged to another currency, a basket of currencies, or a commodity like gold.
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