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...

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Dettagli Bibliografici
Autore principale: Nowak, M.
Altri autori: Hviding, Ketil, Ricci, Luca
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2004.
Serie:IMF Working Papers; Working Paper ; No. 2004/189
Accesso online:Full text available on IMF