Identifying the optimal level of gold as a reserve asset using Black-Litterman model: the case for Malaysia, Turkey, KSA and Pakistan
Purpose – After the collapse of the Bretton Woods fixed exchange rate system in 1971, countries moved towards floating exchange rates, and the expectation was that the requirement for foreign reserves would decrease. However, central banks currently hold more foreign exchange reserves to enhance t...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English English English |
| Published: |
Emerald Publishing
2018
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/60884/ http://irep.iium.edu.my/60884/ http://irep.iium.edu.my/60884/ http://irep.iium.edu.my/60884/13/60884_Identifying%20the%20optimal%20level%20of%20gold.pdf http://irep.iium.edu.my/60884/1/60884_Identifying%20the%20optimal%20level%20of%20gold_SCOPUS.pdf http://irep.iium.edu.my/60884/2/60884_Identifying%20the%20optimal%20level%20of%20gold_WOS.pdf |