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150128 ||| eng |
| 020 |
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|a 9781451848694
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| 100 |
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|a Kovanen, Arto
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| 245 |
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|a Reserve Requirementson Foreign Currency Deposits in Sub-Saharan Africa
|b Main Features and Policy Implications
|c Arto Kovanen
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2002
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| 300 |
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|a 19 pages
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| 651 |
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4 |
|a São Tomé and Príncipe, Democratic Republic of
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| 653 |
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|a Depository Institutions
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| 653 |
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|a Government and the Monetary System
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| 653 |
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|a Payment Systems
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| 653 |
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|a Banks
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| 653 |
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|a Banks and banking
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| 653 |
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|a Reserve requirements
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| 653 |
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|a Regimes
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| 653 |
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|a Monetary economics
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| 653 |
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|a Financial services
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| 653 |
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|a Open market operations
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| 653 |
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|a Monetary Policy, Central Banking, and the Supply of Money and Credit: General
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| 653 |
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|a Micro Finance Institutions
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| 653 |
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|a Mortgages
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| 653 |
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|a Money
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| 653 |
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|a Central banks
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| 653 |
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|a Money supply
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| 653 |
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|a Standards
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| 653 |
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|a Monetary base
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| 653 |
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|a Banks and Banking
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| 653 |
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|a Currencies
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| 653 |
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|a Monetary Systems
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| 653 |
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|a Monetary policy
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| 653 |
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|a Banking
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| 653 |
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|a Central Banks and Their Policies
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| 653 |
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|a Bank deposits
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| 653 |
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|a Monetary Policy
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| 653 |
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|a Money and Monetary Policy
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
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|a IMF Working Papers
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| 028 |
5 |
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|a 10.5089/9781451848694.001
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| 856 |
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|u https://elibrary.imf.org/view/journals/001/2002/065/001.2002.issue-065-en.xml?cid=15732-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a This paper reviews the reserve requirement arrangements of sub-Saharan Africa, focusing on the differences between reserve requirements on domestic- and foreign-currency deposits. The reserve requirement systems in sub-Saharan Africa are relatively simple and transparent, but in some countries high unremunerated reserve ratios impose a significant implicit tax on the banks. The currency denomination of the foreign-currency reserve deposits raises concern in countries undergoing large macroeconomic changes or experiencing exchange rate volatility
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