Guidelines for Foreign Exchange Reserve Management

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International Monetary Fund, 2004 - Business & Economics - 21 pages
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These guidelines are intended to assist countries in strengthening their policy frameworks for reserve management so that they can become more resilient to shocks that may originate from global financial markets or within the domestic financial system. The guidelines have been developed as part of a broader IMF work program to help strengthen international financial architecture, to promote policies and practices that contribute to stability and transparency in the financial sector, and to reduce external vulnerabilities of member countries.
 

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Contents

I What Is Reserve Management and Why Is It Important?
1
II Purpose of the Guidelines
3
III The Guidelines
4
IV Discussion of the Guidelines
6
Boxes
9
Glossary
20
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