Author: United States. Department of Agriculture. Economic Research Service
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 310
Book Description
Foreign Gold & Exchange Reserves
Author: United States. Department of Agriculture. Economic Research Service
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 310
Book Description
Publisher:
ISBN:
Category : Balance of payments
Languages : en
Pages : 310
Book Description
Foreign Gold & Exchange Reserves
Foreign Gold and Exchange Reserves
Foreign Gold and Exchange Reserves
Author: Afs. agriculture Dept. economic research service
Publisher:
ISBN:
Category :
Languages : en
Pages : 27
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 27
Book Description
Gold and Central Banks
Author: Feliks Młynarski
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 178
Book Description
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 178
Book Description
International Reserves and Foreign Currency Liquidity
Author: International Monetary Fund. Statistics Dept.
Publisher: International Monetary Fund
ISBN: 1484350162
Category : Business & Economics
Languages : en
Pages : 258
Book Description
This update of the guidelines published in 2001 sets forth the underlying framework for the Reserves Data Template and provides operational advice for its use. The updated version also includes three new appendices aimed at assisting member countries in reporting the required data.
Publisher: International Monetary Fund
ISBN: 1484350162
Category : Business & Economics
Languages : en
Pages : 258
Book Description
This update of the guidelines published in 2001 sets forth the underlying framework for the Reserves Data Template and provides operational advice for its use. The updated version also includes three new appendices aimed at assisting member countries in reporting the required data.
Gold as International Reserves: A Barbarous Relic No More?
Author: Mr. Serkan Arslanalp
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 37
Book Description
After moving slowly downward for the better part of four decades, central bank gold holdings have risen since the Global Financial Crisis. We identify 14 “active diversifiers,” defined as countries that purchased gold and raised its share in total reserves by at least 5 percentage points over the last two decades. In contrast to the diversification of foreign currency reserves, which has been undertaken by advanced and developing country central banks alike, active diversifiers into gold are exclusively emerging markets. We document two sets of factors contributing to this trend. First, gold appeals to central bank reserve managers as a safe haven in periods of economic, financial and geopolitical volatility, when the return on alternative financial assets is low. Second, the imposition of financial sanctions by the United States, United Kingdom, European Union and Japan, the main reserve-issuing economies, is associated with an increase in the share of central bank reserves held in the form of gold. There is some evidence that multilateral sanctions imposed by these, and other countries have a larger impact than unilateral sanctions on the share of reserves held in gold, since the latter leave scope for shifting reserves into the currencies of other non-sanctioning countries.
Publisher: International Monetary Fund
ISBN:
Category : Business & Economics
Languages : en
Pages : 37
Book Description
After moving slowly downward for the better part of four decades, central bank gold holdings have risen since the Global Financial Crisis. We identify 14 “active diversifiers,” defined as countries that purchased gold and raised its share in total reserves by at least 5 percentage points over the last two decades. In contrast to the diversification of foreign currency reserves, which has been undertaken by advanced and developing country central banks alike, active diversifiers into gold are exclusively emerging markets. We document two sets of factors contributing to this trend. First, gold appeals to central bank reserve managers as a safe haven in periods of economic, financial and geopolitical volatility, when the return on alternative financial assets is low. Second, the imposition of financial sanctions by the United States, United Kingdom, European Union and Japan, the main reserve-issuing economies, is associated with an increase in the share of central bank reserves held in the form of gold. There is some evidence that multilateral sanctions imposed by these, and other countries have a larger impact than unilateral sanctions on the share of reserves held in gold, since the latter leave scope for shifting reserves into the currencies of other non-sanctioning countries.
Guidelines for Foreign Exchange Reserve Management
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 9781589062603
Category : Business & Economics
Languages : en
Pages : 34
Book Description
These guidelines are intended to assist countries in strengthening their policy frameworks for reserve management so that they can become more resilient to shocks that may originate from global financial markets or within the domestic financial system. The guidelines have been developed as part of a broader IMF work program to help strengthen international financial architecture, to promote policies and practices that contribute to stability and transparency in the financial sector, and to reduce external vulnerabilities of member countries.
Publisher: International Monetary Fund
ISBN: 9781589062603
Category : Business & Economics
Languages : en
Pages : 34
Book Description
These guidelines are intended to assist countries in strengthening their policy frameworks for reserve management so that they can become more resilient to shocks that may originate from global financial markets or within the domestic financial system. The guidelines have been developed as part of a broader IMF work program to help strengthen international financial architecture, to promote policies and practices that contribute to stability and transparency in the financial sector, and to reduce external vulnerabilities of member countries.
Foreign Gold & Exchange Reserves
Gold and the Dollar Crisis
Author: Robert Triffin
Publisher: Dissertations-G
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
Book Description
Publisher: Dissertations-G
ISBN:
Category : Business & Economics
Languages : en
Pages : 224
Book Description