Verfügbarkeit: Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa

Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa: Main Features and Policy Implications

This paper reviews the reserve requirement arrangements of sub-Saharan Africa, focusing on the differences between reserve requirements on domestic- and foreign-currency deposits. The reserve requirement systems in sub-Saharan Africa are relatively simple and transparent, but in some countries high...

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1. Verfasser:	Kovanen, Arto (VerfasserIn)
Format:	Elektronisch E-Book
Sprache:	English
Veröffentlicht:	Washington, D.C International Monetary Fund 2002
Schriftenreihe:	IMF Working Papers Working Paper No. 02/65
Online-Zugang:	UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 URL des Erstveröffentlichers
Zusammenfassung:	This paper reviews the reserve requirement arrangements of sub-Saharan Africa, focusing on the differences between reserve requirements on domestic- and foreign-currency deposits. The reserve requirement systems in sub-Saharan Africa are relatively simple and transparent, but in some countries high unremunerated reserve ratios impose a significant implicit tax on the banks. The currency denomination of the foreign-currency reserve deposits raises concern in countries undergoing large macroeconomic changes or experiencing exchange rate volatility
Beschreibung:	1 Online-Ressource (19 p)
ISBN:	1451848692 9781451848694

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spelling	Kovanen, Arto Verfasser aut Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa Main Features and Policy Implications Kovanen, Arto Washington, D.C International Monetary Fund 2002 1 Online-Ressource (19 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 02/65 This paper reviews the reserve requirement arrangements of sub-Saharan Africa, focusing on the differences between reserve requirements on domestic- and foreign-currency deposits. The reserve requirement systems in sub-Saharan Africa are relatively simple and transparent, but in some countries high unremunerated reserve ratios impose a significant implicit tax on the banks. The currency denomination of the foreign-currency reserve deposits raises concern in countries undergoing large macroeconomic changes or experiencing exchange rate volatility Online-Ausg http://elibrary.imf.org/view/IMF001/05962-9781451848694/05962-9781451848694/05962-9781451848694.xml Verlag URL des Erstveröffentlichers Volltext
spellingShingle	Kovanen, Arto Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa Main Features and Policy Implications
title	Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa Main Features and Policy Implications
title_auth	Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa Main Features and Policy Implications
title_exact_search	Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa Main Features and Policy Implications
title_exact_search_txtP	Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa Main Features and Policy Implications
title_full	Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa Main Features and Policy Implications Kovanen, Arto
title_fullStr	Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa Main Features and Policy Implications Kovanen, Arto
title_full_unstemmed	Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa Main Features and Policy Implications Kovanen, Arto
title_short	Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa
title_sort	reserve requirementson foreign currency deposits in sub saharan africa main features and policy implications
title_sub	Main Features and Policy Implications
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