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