01597cas a2200241 a 4500 AALejournalIMF008910 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451848489 1018-5941 BD-DhAAL BD-DhAAL Hooyman, Catharina. The Use of Foreign Exchange Swaps by Central Banks : A Survey / Catharina Hooyman. Washington, D.C. : International Monetary Fund, 1993. 1 online resource (30 pages) IMF Working Papers <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 The paper discussed the use of foreign exchange swaps by central banks. Such use has aimed at affecting domestic liquidity, managing foreign exchange reserves, and stimulating domestic financial markets. It discusses these different uses and present evidence for a selected group of countries. The paper cautions about the use of foreign exchange swaps to defend a particular exchange rate at a time when foreign exchange reserves are under pressure. It notes, finally, that use of foreign exchange swaps by central banks has been losing importance. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1993/064 Full text available on IMF http://elibrary.imf.org/view/journals/001/1993/064/001.1993.issue-064-en.xml IMF e-Library