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...
Autor Principal: | |
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Outros autores: | , |
Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2004.
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Series: | IMF Working Papers; Working Paper ;
No. 2004/189 |
Acceso en liña: | Full text available on IMF |