Zdunić, Stjepan - In: Ekonomski pregled 48 (1997) 7, pp. 411-423
(1) ... abandonment of own currency and irrevocable fixing or persistent stabilization on inadequate exchange rate … narrowed in any case. ... The policy of "fixed exchange rate", maintenance of stable exchange rate on an overvalued level, or … necessity of keeping foreign exchange reserves on the national level. ... Foreign exchange reserves for interacting transactions …