Can Higher Reserves Help Reduce Exchange Rate Volatility? /

This paper studies the role of an increase in foreign exchange reserves in reducing currency volatility for emerging market countries. The study employs a panel of 28 countries over the period 1986-2002. Several control variables are introduced in the regressions to account for other factors affecti...

Ausführliche Beschreibung

Bibliographische Detailangaben
1. Verfasser: Nowak, M.
Weitere Verfasser: Hviding, Ketil, Ricci, Luca
Format: Zeitschrift
Sprache:English
Veröffentlicht: Washington, D.C. : International Monetary Fund, 2004.
Schriftenreihe:IMF Working Papers; Working Paper ; No. 2004/189
Online Zugang:Full text available on IMF