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The exchange reserves in 1996 - 1997 were approximately what percent of the average exchange reserve over the period under review?

The exchange reserves in 1996 - 1997 were approximately what percent of the average exchange reserve over the period under review? Correct Answer 124%

$$\eqalign{& \text{Required %} \cr& = \frac{4320}{3480} \times 100 \cr& = 124.137 \approx 124\% \cr} $$

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