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...

Mô tả đầy đủ

Chi tiết về thư mục
Tác giả chính: Jochum, Christian
Tác giả khác: Kodres, Laura
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 1998.
Loạt:IMF Working Papers; Working Paper ; No. 1998/013
Truy cập trực tuyến:Full text available on IMF