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Basic Question 1 of 1
According to the study by IMF, which of the following is a fact that precedes most crisis episodes?
B. Deteriorating credit agency risk assessments.
C. Sharply declining foreign exchange reserves at the central bank.
A. A substantial widening in interest rate differentials.
B. Deteriorating credit agency risk assessments.
C. Sharply declining foreign exchange reserves at the central bank.
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Learning Outcome Statements
describe warning signs of a currency crisis.
CFA® 2025 Level II Curriculum, Volume 1, Module 8.