Abstract

In this paper, we use the models of the commercial bank liquidity management to study the liquidity of foreign exchange reserves. We build a model for the liquidity management of foreign exchange reserves, which includes the sovereign credit and the limited foreign exchange outflow, and we propose an optimal proportion with which the central banks hold their foreign exchange reserves in the form of liquidity and an accuracy measurement of the whole gains of foreign exchange reserves.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.