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...

पूर्ण विवरण

ग्रंथसूची विवरण
मुख्य लेखक: Lu, Yinqiu
अन्य लेखक: Wang, Yilin
स्वरूप: पत्रिका
भाषा:English
प्रकाशित: Washington, D.C. : International Monetary Fund, 2019.
श्रृंखला:IMF Working Papers; Working Paper ; No. 2019/052
ऑनलाइन पहुंच:Full text available on IMF