Should the United States hold foreign currency reserves?

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.

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Year of publication:	1992
Authors:	Anderson, Gerald H. ; Humpage, Owen F.
Published in:	Economic Commentary. - Federal Reserve Bank of Cleveland. - 1992, Aug, 1
Publisher:	Federal Reserve Bank of Cleveland
Subject:	Foreign exchange \| Law and legislation

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Extent:	application/pdf
Type of publication:	Article
Language:	English
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005390455