Motives and Effectiveness of Forex Interventions : Evidence from Peru /

This paper assesses empirically the motives and effectiveness of forex interventions in Peru. While the central bank of Peru states that its forex interventions aim only at containing excessive exchange rate volatility, the results of this paper show that, in practice, the interventions seem to have...

Descrizione completa

Dettagli Bibliografici
Autore principale: Tashu, Melesse
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2014.
Serie:IMF Working Papers; Working Paper ; No. 2014/217
Accesso online:Full text available on IMF