Hidden Bibliographic Details
| ISBN: | 9781498379953
1498379958
9781498387996
1498387993
9781498387996
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| ISSN: | 1934-7685
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| Digital file characteristics: | data file
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| Notes: | Includes bibliographical references.
Online resource; title from PDF title page (ebrary, viewed April 25, 2015).
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| Summary: | This Selected Issues paper analyzes scope for further de-dollarization policies in Armenia. High financial dollarization makes Armenia more vulnerable to external shocks and limits its capacity to respond. The de-dollarization strategy is broad and comprehensive, and has achieved a reduction of deposit dollarization during the past few years. Additional efforts should focus on reducing inflation volatility and external imbalances, using prudential regulations to increase foreign currency liquidity in the banking system, and strengthening the monitoring of currency mismatches. International experience suggests, however, that further reductions in dollarization are likely to occur only gradually.
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| Other form: | Print version: International Monetary Fund. Republic of Armenia : selected issues paper. Washington, District of Columbia : International Monetary Fund, ©2015 26 pages IMF country report ; Number 15/66 9781498387996
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| Standard no.: | 10.5089/9781498387996.002
10.5089/9781498379953.002
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