Central Bank Losses and Experiences in Selected Countries /
Under normal circumstances, a central bank should be able to operate at a profit with a core level of earnings derived from seigniorage. Losses have, however, arisen in several central banks from a range of activities including monetary operations under extreme conditions and financial sector restru...
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| Format: | Revue |
| Langue: | English |
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Washington, D.C. :
International Monetary Fund,
2005.
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| Collection: | IMF Working Papers; Working Paper ;
No. 2005/072 |
| Accès en ligne: | Full text available on IMF |