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...

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Bibliografische gegevens
Hoofdauteur: Tashu, Melesse
Formaat: Tijdschrift
Taal:English
Gepubliceerd in: Washington, D.C. : International Monetary Fund, 2014.
Reeks:IMF Working Papers; Working Paper ; No. 2014/217
Online toegang:Full text available on IMF