Ashford in NPR’s Marketplace: Why countries stockpile foreign cash
By
Atlantic Council
On February 25, Emma Ashford was quoted in NPR’s Marketplace on government reserves of foreign currency. “When a country’s own currency loses value, foreign currency can help with all sorts of things, including routine international trade, said Emma Ashford… “‘Large stockpiles of foreign reserves just are very useful for helping to insulate yourself from global economic shocks,’ […]
