Tuesday, July 30, 2013

CEMLA - International Reserves and Bank Reserves in Dollarized Economies

Mercedes Da Costa and V. Hugo Juan-Ramón
Washington, D.C., October, 2011

"This note analyzes the connection between a central bank holding of gross international reserves (or reserve assets) and reserve deposits form statistic and economic perspectives. We describe alternative procedures that countries use for recording those concepts."

Source: www.cemla.org/actividades/2012/2012-06-cam/2012-06-cam-02.pdf

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