The sovereign credit and the limited foreign exchange outflow and the liquidity management of foreign exchange reserves

Shibo Bian, Wei Liu and Dewei Zhang

Journal of the Operational Research Society, 2019, vol. 70, issue 5, 867-871

Abstract: In this paper, we use the models of the commercial bank liquidity management to study the liquidity of foreign exchange reserves. We build a model for the liquidity management of foreign exchange reserves, which includes the sovereign credit and the limited foreign exchange outflow, and we propose an optimal proportion with which the central banks hold their foreign exchange reserves in the form of liquidity and an accuracy measurement of the whole gains of foreign exchange reserves.

Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/01605682.2018.1468863 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:tjorxx:v:70:y:2019:i:5:p:867-871

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/tjor20

DOI: 10.1080/01605682.2018.1468863

Access Statistics for this article

Journal of the Operational Research Society is currently edited by Tom Archibald

More articles in Journal of the Operational Research Society from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().