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The Use of Foreign Exchange Swaps by Central Banks - a Survey

The Use of Foreign Exchange Swaps by Central Banks - a Survey( )
Author: Hooyman, Catharina J.
ISBN:978-1-4518-4848-9
Publication Date:Aug 1993
Publisher:International Monetary Fund
Book Format:Paperback
List Price:AUD $23.95
Book Description:

The paper discussed the use of foreign exchange swaps by central banks. Such use has aimed at affecting domestic liquidity, managing foreign exchange reserves, and stimulating domestic financial markets. It discusses these different uses and present evidence for a selected group of countries. The paper cautions about the use of foreign exchange swaps to defend a particular exchange rate at a time when foreign exchange reserves are under pressure. It notes, finally, that use of foreign...
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Book Details
Physical Dimensions (W X L X H):21.59 x 27.94 x 0.762 cm



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