아프리카ㆍ중동
연구정보
[경제] United Arab Emirates: Technical Assistance Report - Liquidity Management and Forecasting
아랍에미리트 국외연구자료 연구보고서 - IMF 발간일 : 2022-07-22 등록일 : 2022-08-25 원문링크
The new Dirham Monetary Framework developed by the Central Bank of the United Arab Emirates (CBUAE) operationalizes a floor system and provides a complete set of instruments to manage liquidity under a fixed exchange rate arrangement and capital mobility. This technical assistance report presents an overview of this operational framework and a set of recommendations to streamline and further improve it especially with regards to: (i) the discontinuation of the FX swap facility; (ii) the issuance of central bank bills; (iii) the design of fine-tuning operations; and (iv) the design and calibration of the reserves requirements. Moreover, the report provides a complete liquidity forecasting infrastructure, using cutting-edge statistical methods, to project the changes in the supply of banks reserves through the forecast of the three main autonomous factors. It also offers a statistical approach to estimate the optimal liquidity surplus and calibrate the operational mix between the different liquidity absorptions instruments. At last, the report investigates the functioning and structure of the UAE money markets.
본 페이지에 등재된 자료는 운영기관(KIEP) 및 EMERiCs의 공식적인 입장을 대변하고 있지 않습니다.
| 이전글 | [경제] (아랍에미리트-두바이) 2022 해외출장자료 | 2022-08-03 |
|---|---|---|
| 다음글 | [정치외교] 중동 3개국 순방 정상외교 성과와 향후 과제 | 2022-10-23 |
