Potential Role SDR Diversified Currency Portfolios Central Bank.

This paper compares the SDR in terms of its risk-return characteristics relative to those of its five components and, on this basis, finds that the SDR has performed favorably over the period under review. In addition, several efficient portfolios including the SDR and its components are computed. T...

Descrizione completa

Dettagli Bibliografici
Ente Autore: International Monetary Fund
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 1988.
Serie:IMF Working Papers; Working Paper ; No. 1988/081
Accesso online:Full text available on IMF
LEADER 01679cas a2200241 a 4500
001 AALejournalIMF010008
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781451954890 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
110 2 |a International Monetary Fund. 
245 1 0 |a Potential Role SDR Diversified Currency Portfolios Central Bank. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 1988. 
300 |a 1 online resource (48 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a This paper compares the SDR in terms of its risk-return characteristics relative to those of its five components and, on this basis, finds that the SDR has performed favorably over the period under review. In addition, several efficient portfolios including the SDR and its components are computed. These computations provide evidence that in many cases the SDR has a major weight, particularly in those portfolios which involve minimum risk and therefore would appear to be most appropriate for reserve holders. Thus, the evidence presented suggests that the SDR can play a major role in the international reserve portfolios of central banks. 
538 |a Mode of access: Internet 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 1988/081 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/1988/081/001.1988.issue-081-en.xml  |z IMF e-Library