IMF Staff papers : Volume 28 No. 3.
This paper surveys theoretical issues and empirical evidence on the effects of central bank intervention in foreign exchange markets on exchange rate movements. The focus is on the ability of fully sterilized intervention to influence exchange rates in a predictable manner. Theoretical consideration...
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| Format: | Journal |
| Language: | English |
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Washington, D.C. :
International Monetary Fund,
1981.
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| Series: | IMF Staff Papers; IMF Staff Papers ;
No. 1981/003 |
| Online Access: | Full text available on IMF |