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IMFSurvey Magazine: Policy

Reserves—in foreign currency, plus gold, held by central bank—have important place in policy toolkit of most economies (photo: Kamran Jebreili/AP/Corbis)

IMF Unveils New Way of Assessing Country Reserves

April 24, 2015

The IMF develops a new framework for determining the appropriate level of international reserves held by its member countries, emphasizing the need to take account of the specific needs of different types of economies. In addition to important benefits, reserves also have for more

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