Accounting for Reserves /

Views on the effectiveness of sterilized reserve intervention vary. Sterilized intervention is generally seen as ineffective in advanced countries while persistent intervention by some emerging markets is often cited as contributing to undervalued exchange rates and current account surpluses. This p...

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Detalhes bibliográficos
Autor principal: Bayoumi, Tamim
Outros Autores: Saborowski, Christian
Formato: Periódico
Idioma:English
Publicado em: Washington, D.C. : International Monetary Fund, 2012.
Colecção:IMF Working Papers; Working Paper ; No. 2012/302
Acesso em linha:Full text available on IMF