CFA Practice Question
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.
Correct Answer: C
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