Journal Article

Should the United States hold foreign currency reserves?

Abstract: An argument that for countries with well-developed money markets and flexible exchange rates, there is little to be gained from holding a vast foreign exchange portfolio and intervening in the world's currency markets.

Keywords: Foreign exchange - Law and legislation;

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Bibliographic Information

Provider: Federal Reserve Bank of Cleveland

Part of Series: Economic Commentary

Publication Date: 1992

Issue: Aug

Order Number: 1