Jordan's International Reserve Position : Justifiably Strong

Justifiably Strong

Jordan's International Reserve Position : Justifiably Strong
Jordan has seen a large increase in its international reserve holdings in recent years. While a healthy reserve buffer is needed under a fixed exchange rate regime, determining optimal reserve levels is not straightforward. In this paper, we first use several traditional measures of reserves adequacy to compare Jordan's reserve holdings with... READ MORE...

Publication date: May 2007
ISBN 9781451866674
$18.00

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