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The level, motives and functions of foreign reserves of the developed countries. Analysis with a particular focus on the European System of Central Banks

Joanna Bogołębska · Lodz University Press · 2015

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Author / responsible party
Joanna Bogołębska
Publisher
Lodz University Press
Year
2015
ISSN
0208-6018
ISSN
0208-6018
Language
English

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The article concentrates on analysis of motives, level and functions fulfilled by foreign exchange reserves in developed countries, with special emphasis put on the dual system of reserves within Economic and Monetary Union (EMU). The foreign exchange reserves of industrial countries have grown up during the last decade. However, in the case of EMU this growth have been not due to the intentional policy of the central bank (as in the case of Japan and Switzerland), but due to positive changes of exchange rates and rates of return.

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APA 7

Bogołębska, J. (2015). The level, motives and functions of foreign reserves of the developed countries. Analysis with a particular focus on the European System of Central Banks. https://doi.org/10.18778/0208-6018.316.04

MLA

Bogołębska, Joanna. "The level, motives and functions of foreign reserves of the developed countries. Analysis with a particular focus on the European System of Central Banks." 2015. https://doi.org/10.18778/0208-6018.316.04.

Chicago

Bogołębska, Joanna. 2015. "The level, motives and functions of foreign reserves of the developed countries. Analysis with a particular focus on the European System of Central Banks.". https://doi.org/10.18778/0208-6018.316.04.

Harvard

Bogołębska, J. 2015, The level, motives and functions of foreign reserves of the developed countries. Analysis with a particular focus on the European System of Central Banks, Lodz University Press, available at: https://doi.org/10.18778/0208-6018.316.04 [Accessed 7 Aug. 2026].

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Title
The level, motives and functions of foreign reserves of the developed countries. Analysis with a particular focus on the European System of Central Banks
Author / contributors
Joanna Bogołębska
Publisher
Lodz University Press
Publication year
2015
ISSN
0208-6018
ISSN
0208-6018
Language
English

Subjects

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rezerwy walutowe; Europejski System Banków Centralnych
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