Foreign Exchange Reserves, Exchange Rate Regimes, and Monetary Policy: Issues in Asia
This paper seeks to outline issues arising from rapid foreign exchange reserve accumulations in Asia. Attention is paid to People’s Republic of China and India for the significance of the accumulation fed by surges in capital inflows. The paper finds that sterilization interventions by the two econo...
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| Format: | Article |
| Language: | English |
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World Scientific Publishing
2005-01-01
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| Series: | Asian Development Review |
| Online Access: | https://www.worldscientific.com/doi/10.1142/S011611050550006X |