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...

詳細記述

書誌詳細
第一著者: Lu, Yinqiu
その他の著者: Wang, Yilin
フォーマット: 雑誌
言語:English
出版事項: Washington, D.C. : International Monetary Fund, 2019.
シリーズ:IMF Working Papers; Working Paper ; No. 2019/052
オンライン・アクセス:Full text available on IMF