Journal Article
The Exchange Stabilization Fund: how it works
Abstract: The increasingly controversial Exchange Stabilization Fund is used to influence the international value of the U.S. dollar and to provide aid to foreign countries. The debate surrounding the Fund will become more informed, the authors suggest, when observers understand how to calculate the total amount of resources available to the Fund. This Economic Commentary explains how the Fund's balance sheet figures must be adjusted to produce an accurate account of those resources.
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https://doi.org/10.26509/frbc-ec-19991201
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https://www.clevelandfed.org/-/media/project/clevelandfedtenant/clevelandfedsite/publications/economic-commentary/1999/ec-19991201-the-exchange-stabilization-fund-how-it-works-pdf.pdf
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Commentary
Publication Date: 1999
Issue: Dec
Order Number: 1