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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Autore principale: Floerkemeier, Holger
Altri autori: Sumlinski, Mariusz
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2008.
Serie:IMF Working Papers; Working Paper ; No. 2008/041
Accesso online:Full text available on IMF