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This paper reviews the adequacy of the Fund’s precautionary balances, using the framework...

Reserve requirements are widely used by central banks as a means to improve monetary control, an...

This paper applies intertemporal models of precautionary saving to compute an optimal level of...

This accompanying document to the Guidelines for Foreign Exchange Reserve Management, which the...

The IMF Working Papers series is designed to make IMF staff research available to a wide...

IMF Financial Operations 2018 provides a broad introduction to how the IMF fulfills its mission...