Does the Introduction of Futures on Emerging Market Currencies Destabilize the Underlying Currencies? /

Recent interest in futures contracts on emerging market currencies has raised concerns among some central bank authorities about their ability to maintain stable currencies. This paper presents empirical results examining the influence of the Mexican peso, the Brazilian real, and the Hungarian forin...

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Бібліографічні деталі
Автор: Jochum, Christian
Інші автори: Kodres, Laura
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 1998.
Серія:IMF Working Papers; Working Paper ; No. 1998/013
Онлайн доступ:Full text available on IMF