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    Question

    What does the Exchange Rate Pressure Index (ERPI)

    measure?
    A The average exchange rate of a country's currency against a basket of foreign currencies Correct Answer Incorrect Answer
    B The difference between a country’s current exchange rate and the central bank’s target exchange rate Correct Answer Incorrect Answer
    C The pressure on a country's exchange rate based on the combination of its currency's value, its foreign exchange reserves, and the economic fundamentals Correct Answer Incorrect Answer
    D The rate at which foreign exchange reserves are being depleted by the central bank Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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