International Reserve Trends in the South Caucasus and Central Asia Region

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 using widely recognized rules of thumb, and... READ MORE...

Publication date: February 2008
ISBN 9781451869033
$18.00

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