| Description |
1 online resource (52 pages) |
| Series |
Occasional Papers ; Occasional Paper No. 249 |
|
Occasional Papers ; Occasional Paper no. 249
|
| Contents |
Introduction / Shogo Ishii -- Best practices in official interventions in the foreign exchange market / Jorge Iván Canales-Kriljenko, Roberto Guimarães, and Cem Karacadag -- Survey of foreign exchange intervention in developing countries / Jorge Iván Canales-Kriljenko -- Empirics of foreign exchange intervention in emerging markets: Mexico and Turkey / Roberto Guimarães and Cem Karacadag |
| Summary |
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 |
| Notes |
Available in PDF, ePUB, and Mobi formats on the Internet |
| Bibliography |
Includes bibliographical references (pages 43-45) |
| Subject |
Foreign exchange.
|
|
Foreign exchange -- Developing countries
|
|
Foreign exchange -- Mexico
|
|
Foreign exchange -- Turkey
|
|
Foreign exchange.
|
|
Developing countries.
|
|
Mexico.
|
|
Turkey.
|
| Form |
Electronic book
|
| Author |
International Monetary Fund.
|
| LC no. |
2006280600 |
| ISBN |
1589064216 |
|
9781589064218 |
|
1462335055 |
|
9781462335053 |
|
145276042X |
|
9781452760421 |
|
