Accumulating Foreign Reserves Under Floating Exchange Rates /

Official accumulation of foreign reserves may be perceived as interventions to influence the exchange rate, undermining the credibility of floating exchange rates and inflation targets. This paper develops a theoretical framework to study the interaction between reserve accumulation and monetary pol...

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Tác giả chính: Goncalves, Fernando M.
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2008.
Loạt:IMF Working Papers; Working Paper ; No. 2008/096
Truy cập trực tuyến:Full text available on IMF