Forex Killer
Tuesday, January 6th, 2009

why is it in the interest of developing countries to have high forex reserves ?

(high forex reserves)especially in the event of the financial crisis?

also, how does it help a particular country if that country keeps its currency weak against the global currency like the dollar? what are the ways in which a country can artificially make its currency weak?

http://www.ustreas.gov/offices/international-affairs/occasional-paper-series/docs/reserves.pdf

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