Singapore's Unique Monetary Policy : How Does it Work? /

The Monetary Authority of Singapore, instead of relying on short-term interest rates or monetary aggregates as its monetary policy instrument, conducts policy by managing the trade-weighted exchange rate index (TWI). This paper investigates how this operating procedure actually works. For empirical...

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Bibliografiska uppgifter
Huvudupphovsman: Parrado, Eric
Materialtyp: Tidskrift
Språk:English
Publicerad: Washington, D.C. : International Monetary Fund, 2004.
Serie:IMF Working Papers; Working Paper ; No. 2004/010
Länkar:Full text available on IMF