01497cas a2200253 a 4500 AALejournalIMF010131 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451923520 1018-5941 BD-DhAAL BD-DhAAL International Monetary Fund. International Reserve Currencies. Washington, D.C. : International Monetary Fund, 1989. 1 online resource (18 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 We study the composition of central bank holdings of foreign reserves when the level of currency riskiness is endogenously determined by economic structure and policymaker preferences in reserve issuing countries. Examination of the behavior of official foreign reserves of the industrial and developing country groups in the period 1977-1984 offers support to the notion that central banks employ mean-variance criteria in selecting international reserves. Mode of access: Internet United States imf IMF Working Papers; Working Paper ; No. 1989/015 Full text available on IMF http://elibrary.imf.org/view/journals/001/1989/015/001.1989.issue-015-en.xml IMF e-Library