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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Библиографические подробности
Главный автор: Bayoumi, Tamim
Другие авторы: Saborowski, Christian
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2012.
Серии:IMF Working Papers; Working Paper ; No. 2012/302
Online-ссылка:Full text available on IMF