01692cas a2200241 a 4500 AALejournalIMF010064 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451964844 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. Currency Composition and Foreign Exchange Reserves. Washington, D.C. : International Monetary Fund, 1988. 1 online resource (49 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 This study examines the determinants of the currency composition of foreign exchange reserves for both industrial and developing countries. During the period from 1976-85, our empirical results indicate that the currency composition of reserves has been influenced by each country's exchange rate arrangements, its trade flows with reserve currency countries, and the currency of denomination of its debt-service payments. The evidence is consistent with the view that managing the currency composition of a country's net foreign asset position is done more cheaply by altering the currency of denomination of assets and liabilities that are not held as reserve assets. Mode of access: Internet IMF Working Papers; Working Paper ; No. 1988/061 Full text available on IMF http://elibrary.imf.org/view/journals/001/1988/061/001.1988.issue-061-en.xml IMF e-Library