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Reserve management in emerging market economies: trends and challenges

In: Reserve management and FX intervention

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  • Jochen Schanz

Abstract

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Suggested Citation

  • Jochen Schanz, 2019. "Reserve management in emerging market economies: trends and challenges," BIS Papers chapters, in: Bank for International Settlements (ed.), Reserve management and FX intervention, volume 104, pages 45-55, Bank for International Settlements.
  • Handle: RePEc:bis:bisbpc:104-03
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    File URL: https://www.bis.org/publ/bppdf/bispap104c_rh.pdf
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    References listed on IDEAS

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    1. Miss Yinqiu Lu & Yilin Wang, 2019. "Determinants of Currency Composition of Reserves: a Portfolio Theory Approach with an Application to RMB," IMF Working Papers 2019/052, International Monetary Fund.
    2. Ito, Hiroyuki & McCauley, Robert N. & Chan, Tracy, 2015. "Currency composition of reserves, trade invoicing and currency movements," Emerging Markets Review, Elsevier, vol. 25(C), pages 16-29.
    3. Jukka Pihlman & Han van der Hoorn, 2010. "Procyclicality in Central Bank Reserve Management: Evidence from the Crisis," IMF Working Papers 2010/150, International Monetary Fund.
    4. Robert N McCauley & Jean-François Rigaudy, 2011. "Managing foreign exchange reserves in the crisis and after," BIS Papers chapters, in: Bank for International Settlements (ed.), Portfolio and risk management for central banks and sovereign wealth funds, volume 58, pages 19-47, Bank for International Settlements.
    5. Robert N McCauley & Ben S C Fung, 2003. "Choosing instruments in managing dollar foreign exchange reserves," BIS Quarterly Review, Bank for International Settlements, March.
    6. Claessens, S., 1993. "Risk Management in Developing Countries," Papers 235, World Bank - Technical Papers.
    7. Mr. Michael G. Papaioannou & Mr. Joonkyu Park & Jukka Pihlman & Han van der Hoorn, 2013. "Procyclical Behavior of Institutional Investors During the Recent Financial Crisis: Causes, Impacts, and Challenges," IMF Working Papers 2013/193, International Monetary Fund.
    8. David Archer & Paul Moser-Boehm, 2013. "Central bank finances," BIS Papers, Bank for International Settlements, number 71.
    9. Srichander Ramaswamy, 2008. "Managing international reserves: how does diversification affect financial costs?," BIS Quarterly Review, Bank for International Settlements, June.
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    Cited by:

    1. Bindseil, Ulrich & Senner, Richard, 2024. "Destabilisation of bank deposits across destinations: assessment and policy implications," Working Paper Series 2887, European Central Bank.

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