Estimating Foreign Exchange Reserve Adequacy
Accumulating foreign exchange reserves, despite their cost and their impacts on other macroeconomics variables, provides some benefits. This paper models such foreign exchange reserves. To measure the adequacy of foreign exchange reserves for import, it uses total reserves-to-import ratio (TRM). The...
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Format: | Article |
Language: | English |
Published: |
Prasetiya Mulya Publishing
2013-04-01
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Series: | International Research Journal of Business Studies |
Subjects: | |
Online Access: | http://www.irjbs.com/index.php/jurnalirjbs/article/view/94/94 |
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