Determinants of Currency Composition of Reserves : a Portfolio Theory Approach with an Application to RMB /
The way central banks manage their foreign reserve assets has evolved over the past decades. One major trend is managing reserves in two or more tranches-liquidity tranche and investment tranche-especially for those with adequate reserves. Incorporating reserve tranching, we have developed in this p...
| Auteur principal: | |
|---|---|
| Autres auteurs: | |
| Format: | Revue |
| Langue: | English |
| Publié: |
Washington, D.C. :
International Monetary Fund,
2019.
|
| Collection: | IMF Working Papers; Working Paper ;
No. 2019/052 |
| Accès en ligne: | Full text available on IMF |