Foreign Exchange Reserves and Sovereign Wealth Funds: Will They Change the Global Financial Landscape?

  • Beck R
  • Fidora M
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Abstract

… to more than USD 120 per barrel in end-June 2008, though oil prices have declined … the financing of the US current account deficit and exceptionally low real interest rates by investing … According to this line of reasoning, countries with managed exchange rates against the US dol …

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Beck, R., & Fidora, M. (2010). Foreign Exchange Reserves and Sovereign Wealth Funds: Will They Change the Global Financial Landscape? In Central Bank Reserves and Sovereign Wealth Management (pp. 309–327). Palgrave Macmillan UK. https://doi.org/10.1057/9780230250819_12

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