01884cas a2200241 a 4500 AALejournalIMF002429 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451851847 1018-5941 BD-DhAAL BD-DhAAL Canales Kriljenko, Jorge. Foreign Exchange Intervention in Developing and Transition Economies : Results of a Survey / Jorge Canales Kriljenko. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (59 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Based on evidence obtained from the IMF's 2001 Survey on Foreign Exchange Market Organization, the author argues that, for several reasons, some central banks in developing and transition economies may be able to conduct foreign exchange intervention more effectively than the central banks of developed countries issuing the major international currencies. First, these central banks do not always fully sterilize their foreign exchange interventions. In addition, they issue regulations and conduct their foreign exchange operations in a way that increases the central bank's information advantage and the size of their foreign exchange intervention relative to foreign exchange market turnover. Some of the central banks also use moral suasion to support their foreign exchange interventions. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2003/095 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/095/001.2003.issue-095-en.xml IMF e-Library