Chile : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

September 13, 2004

Electronic Access:

Free Full text (PDF file size is 661 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This Selected Issues paper reviews the benefits and costs of reserves for Chile, with emphasis on standard methodologies for assessing reserve adequacy. It reports an empirical methodology that analyzes simultaneously key explanatory variables behind a country’s level of reserves. The paper previews mechanisms that could supplement a country’s liquidity needs in times of stress. This paper also describes the instruments available for hedging foreign exchange risk, the demand and supply of foreign exchange hedging in the onshore market, and assesses foreign exchange exposure in different industrial sectors using factor analysis.

Series:

Country Report No. 04/292

Subject:

English

Publication Date:

September 13, 2004

ISBN/ISSN:

9781451807608/1934-7685

Stock No:

1CHLEA0032004

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

58

Please address any questions about this title to publications@imf.org