Guide A

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Guidelines for Foreign Exchange Reserve Management

Approved by the Executive Board on September 20, 2001

O:\DRAFTS\AR\MMA\200107164.Doc October 22, 2001 (4:56 PM)



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Debt -

.and Reserve - Related Indicators of External Vulnerability

.http://www.imf.org/external/up/pdr/debtres/index.htm

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Data Template on International


Reserves and Foreign Currency Liquidity- Operational Guidelines, October 1999,
.Statistics Department, International Monetary Fund

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IMF Annual Report 2001 (Appendix II,

pp. 141-143). :
http://www.imf.org/external/pubs/ft/ar/2000/eng/index.htm.

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):(Asset and liability management

) ( .
):(Back office

.
):(Benchmark

):(Credit risk

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):(Currency risk

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):(Custodial risk

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):(Dealing risk


):(Duration

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):(Front office

):(Financial error or misstatement risk

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):(Interest rate risk

):(Internal audit

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):(Information technology risk

.
):(Legal risk


:Liquidity risk

)(

.

):(Market risk

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):(Middle office

.
):(Official foreign exchange reserve

34


" "
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): (Operational risk


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:
) .(


):(Public debt management

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):(Reputation risk

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):(Reserve assets

" ".

):(Reserve management

.
):(Risk

.
):(Safeguards assessment


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):(Settlement risk

):(Sovereign risk

.

.

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