why is it in the interest of developing countries to have high forex reserves ?
Posted February 2nd, 2009 by admin No Comments »
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?