[2499] Foreign exchange reserve in terms of imports? Non! Non! Non!
Posted in Economics on February 8th, 2012 2 Comments »
Does anybody know why whenever there is a discussion on foreign exchange reserve, it is typically measured in terms of imports and external debt financing? I took these metrics for granted in the past. They seem intuitive at first. It provides a humanizing reference to what can be meaningless large numbers. But they lose their [...]
