01722cas a2200277 a 4500 AALejournalIMF012976 230101c9999 xx r poo 0 0eng d 15.00 USD 9781589064218 0251-6365 BD-DhAAL BD-DhAAL Canales Kriljenko, Jorge. Official Foreign Exchange Intervention / Jorge Canales Kriljenko, Cem Karacadag, Roberto Guimaraes, Shogo Ishii. Washington, D.C. : International Monetary Fund, 2006. 1 online resource (52 pages) Occasional 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 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. Mode of access: Internet Guimaraes, Roberto. Ishii, Shogo. Karacadag, Cem. Occasional Papers; Occasional Paper ; No. 2006/001 Full text available on IMF http://elibrary.imf.org/view/books/084/05001-9781589064218-en/05001-9781589064218-en-book.xml IMF e-Library