1. Explain why the accumulation of FX reserve is very important to central banks, support your argument...
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1. Explain why the accumulation of FX reserve is very important to central banks, support your argument with an example. Define the most used measures of reserve adequacy. 2. Assuming that Indonesia has USD 418 billion of foreign debt of which about half has a maturity of 1 year or less, calculate the recommended level of reserves according to the Guidotti-Greenspan rule.
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Operations Management Processes and Supply Chains
ISBN: 978-0132807395
10th edition
Authors: Lee J. Krajewski, Larry P. Ritzman, Manoj K. Malhotra
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