Official Foreign Exchange Intervention /

Despite increasing exchange rate flexibility, central banks in emerging markets still intervene in their foreign exchange markets for several reasons. In doing so, they face many operational questions, including on the degree of transparency and the choice of markets and counterparties. This paper i...

Popoln opis

Bibliografske podrobnosti
Glavni avtor: Canales Kriljenko, Jorge
Drugi avtorji: Guimaraes, Roberto, Ishii, Shogo, Karacadag, Cem
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2006.
Serija:Occasional Papers; Occasional Paper ; No. 2006/001
Online dostop:Full text available on IMF
Opis
Izvleček:Despite increasing exchange rate flexibility, central banks in emerging markets still intervene in their foreign exchange markets for several reasons. In doing so, they face many operational questions, including on the degree of transparency and the choice of markets and counterparties. This paper identifies elements of best practice in official foreign exchange intervention, presents survey evidence on intervention practices in developing countries, and assesses the effectiveness of intervention in Mexico and Turkey.
Opis knjige/članka:<strong>Off-Campus Access:</strong> No User ID or Password Required
<strong>On-Campus Access:</strong> No User ID or Password Required
Fizični opis:1 online resource (52 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Dostop:Electronic access restricted to authorized BRAC University faculty, staff and students