Is Central Bank Intervention Effective Under Inflation Targeting Regimes? : The Case of Colombia /

Policymakers in many emerging markets are attempting to resist currency appreciation while simultaneously meeting targets for inflation. Using the recent experience of Colombia between 2004 and 2007, this paper examines the effectiveness of the Central Bank's intervention in stemming domestic c...

Full description

Bibliographic Details
Main Author: Kamil, Herman
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF Working Papers; Working Paper ; No. 2008/088
Online Access:Full text available on IMF