IMF Working Papers

Subject: Central banks, Currencies, Economic integration, International trade, Monetary unions, Reserve assets, Reserve positions, Reserves management, Terms of trade, Treasury bills and bonds

Keywords: Average cost, Balance of payments, Caribbean, CFA franc zone, Coverage ratios ECCU, ECCU, ECCU countries reserve, ECCU country, Foreign exchange, Hypothetical reserves ECCU, Imputed reserve, Monetary unions, Opportunity cost, Reserve assets, Reserve management policy, Reserve pooling, Reserve positions, Reserve variability, Reserve variation, Reserves management, Reserves of the ECCU, Terms of trade, Terms of trade shock, Variability benefit, West Africa, WP