Why Is It In The Interest Of Developing Countries To Have High Forex Reserves ?

(high forex reserves)especially in the event of the financial crisis?
also, how does it help a particular country if that country keeps its currency weak against the global currency like the dollar? what are the ways in which a country can artificially make its currency weak?

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One Response to “Why Is It In The Interest Of Developing Countries To Have High Forex Reserves ?”

1. laljose says:

   December 7, 2009 at 12:48 am

   http://www.ustreas.gov/offices/internati…