Identifying the optimal level of gold as a reserve asset using Black-Litterman model: the case for Malaysia, Turkey, KSA and Pakistan

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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...

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Bibliographic Details
Main Authors:	Bayram, Kamola, Abdullah, Adam, Meera, Ahamed Kameel Mydin
Format:	Article
Language:	English English English
Published:	Emerald Publishing 2018
Subjects:	HG3368 Islamic Banking and Finance
Online Access:	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

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