02015cas a2200241 a 4500 AALejournalIMF010582 230101c9999 xx r poo 0 0eng d 15.00 USD 9781451947212 1020-7635 BD-DhAAL BD-DhAAL International Monetary Fund. Research Dept. IMF Staff papers : Volume 12 No. 2. Washington, D.C. : International Monetary Fund, 1965. 1 online resource (70 pages) IMF Staff 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 paper reviews an attempt that is made to arrive at a rough quantification of the possible effects of various techniques of IMF reserve creation through the IMF on its own liquidity. For purposes of comparison, the additional needs for IMF resources arising, respectively, from the several techniques of reserve creation are expressed in terms of the amounts of the currencies that are normally suitable for drawing, distributed in proportion to quota, to which the IMF would have to secure to cover the additional needs in question. When reserves are created by the IMF, their creation will in some instances involve a use of Fund resources and may affect its own liquidity. When account is taken of the secondary impact of gold investment on world reserves, it appears that the liquidity cost to the IMF of creating reserves by means of gold investment, though greater per unit of investment, might be somewhat less per unit of reserves created than that of other forms of investment. Mode of access: Internet IMF Staff Papers; IMF Staff Papers ; No. 1965/002 Full text available on IMF http://elibrary.imf.org/view/journals/024/1965/002/024.1965.issue-002-en.xml IMF e-Library