Chile : Selected Issues.

This Selected Issues paper reviews the benefits and costs of reserves for Chile, with emphasis on standard methodologies for assessing reserve adequacy. It reports an empirical methodology that analyzes simultaneously key explanatory variables behind a country's level of reserves. The paper pre...

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Detalles Bibliográficos
Autor Corporativo: International Monetary Fund
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2004.
Series:IMF Staff Country Reports; Country Report ; No. 2004/292
Acceso en liña:Full text available on IMF
Descripción
Summary:This Selected Issues paper reviews the benefits and costs of reserves for Chile, with emphasis on standard methodologies for assessing reserve adequacy. It reports an empirical methodology that analyzes simultaneously key explanatory variables behind a country's level of reserves. The paper previews mechanisms that could supplement a country's liquidity needs in times of stress. This paper also describes the instruments available for hedging foreign exchange risk, the demand and supply of foreign exchange hedging in the onshore market, and assesses foreign exchange exposure in different industrial sectors using factor analysis.
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Descrición Física:1 online resource (58 pages)
Formato:Mode of access: Internet
ISSN:1934-7685
Acceso:Electronic access restricted to authorized BRAC University faculty, staff and students