01648cas a2200241 a 4500 AALejournalIMF003217 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451807608 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Chile : Selected Issues. Washington, D.C. : International Monetary Fund, 2004. 1 online resource (58 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This Selected Issues paper reviews the benefits and costs of reserves for Chile, with emphasis on standard methodologies for assessing reserve adequacy. It reports an empirical methodology that analyzes simultaneously key explanatory variables behind a country's level of reserves. The paper previews mechanisms that could supplement a country's liquidity needs in times of stress. This paper also describes the instruments available for hedging foreign exchange risk, the demand and supply of foreign exchange hedging in the onshore market, and assesses foreign exchange exposure in different industrial sectors using factor analysis. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2004/292 Full text available on IMF http://elibrary.imf.org/view/journals/002/2004/292/002.2004.issue-292-en.xml IMF e-Library