Fund Transactions and Reserve Creation

Samir Fawzi

No 1992/107, IMF Working Papers from International Monetary Fund

Abstract: This paper describes the effects of Fund transactions on members’ external reserves, estimates the net reserve creation or absorption by the Fund in the 1980s, and compares the role of the Fund in this respect with that of other sources of international reserves.

Keywords: WP; Fund resource; SDR conversion; foreign exchange; SDR holding; SDR transaction; tranche position; usable currency; fund transaction; deutsche mark; SDR transfer; currency exchange; Currencies; International reserves; Reserve assets; Reserve positions; Freely usable currencies (search for similar items in EconPapers)
Pages: 28
Date: 1992-12-01
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1992/107

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