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01639cas a2200241 a 4500 |
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|z 9781451848694
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a Kovanen, Arto.
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|a Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa :
|b Main Features and Policy Implications /
|c Arto Kovanen.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 2002.
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|a 1 online resource (19 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a This paper reviews the reserve requirement arrangements of sub-Saharan Africa, focusing on the differences between reserve requirements on domestic- and foreign-currency deposits. The reserve requirement systems in sub-Saharan Africa are relatively simple and transparent, but in some countries high unremunerated reserve ratios impose a significant implicit tax on the banks. The currency denomination of the foreign-currency reserve deposits raises concern in countries undergoing large macroeconomic changes or experiencing exchange rate volatility.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 2002/065
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/2002/065/001.2002.issue-065-en.xml
|z IMF e-Library
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