International Reserve Trends in the South Caucasus and Central Asia Region /

In recent years, the South Caucasus and Central Asia countries (CCA-6) have received significant foreign exchange inflows. While a healthy reserve buffer is desirable to selfinsure against external crises, holding international reserves also involves costs. We analyze the adequacy of CCA-6 reserves...

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Bibliographic Details
Main Author: Floerkemeier, Holger
Other Authors: Sumlinski, Mariusz
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/041
Online Access:Full text available on IMF