ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

A+| A| A-

Foreign Exchange: Managing Plenty

Managing Plenty In just over six years, global international reserve holdings rose markedly from US $ 1.5 trillion in 1996 to US $ 2.3 trillion by mid-2003. The bulk of the reserves growth has been concentrated in Asia, much of which is invested in relatively low yielding liquid US assets such as treasury bills. Apart from Japan and Greater China (Mainland China, Hong Kong, Taiwan and Macao), India, Singapore and South Korea are responsible for Asia

Dear reader,

To continue reading, become a subscriber.

Explore our attractive subscription offers.

Click here

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top