Identify the most important components of the official international r

Identify the most important components of the official international reserves of a central bank?

What will be an ideal response?

ANSWER

Answer: Official reserves consist of three major components: foreign exchange reserves, gold reserves, and IMF-related reserve assets, with the first being by far the most important component. Foreign exchange reserves are all the foreign currency denominated assets the central bank holds, and mostly consist of foreign government bonds.