The Empirics of Foreign Exchange Intervention in Emerging Markets : The Cases of Mexico and Turkey /

This paper analyzes the effects of intervention on the level and volatility of the exchange rate in Mexico and Turkey, two emerging countries that have floating exchange rate regimes. The paper finds mixed evidence on the effectiveness of intervention. In Mexico, foreign exchange sales have a small...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Karacadag, Cem
مؤلفون آخرون: Guimaraes, Roberto
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2004.
سلاسل:IMF Working Papers; Working Paper ; No. 2004/123
الوصول للمادة أونلاين:Full text available on IMF