Mar27
Filed Under: forex by:
why is it in the interest of developing countries to have high forex reserves ?
abhi s asked:
(high forex reserves)especially in the event of the financial crisis?
(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?
Tags: Developing Countries, Dollar, Financial Crisis, Forex Reserves, Global Currency