01733cas a2200241 a 4500 AALejournalIMF002506 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451856200 1018-5941 BD-DhAAL BD-DhAAL Belaisch, Agnes. Exchange Rate Pass-Through in Brazil / Agnes Belaisch. Washington, D.C. : International Monetary Fund, 2003. 1 online resource (19 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 In the last two years the real has undergone a large depreciation and the central bank has missed its inflation target in 2002 for the second year in a row. Inflation, however, has increased much less than the rate of currency depreciation and the pickup in inflation in the last quarter of 2002 raises the question of whether the exchange rate passthrough has finally risen. This paper argues that the passthrough in Brazil has fallen compared with estimates in other studies on earlier time periods, and remains low when compared with the passthrough in other Latin American countries. Indeed the passthrough is more comparable with that of G-7 countries-although in Brazil the effect on prices appears to be faster. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2003/141 Full text available on IMF http://elibrary.imf.org/view/journals/001/2003/141/001.2003.issue-141-en.xml IMF e-Library