The Relative Effectiveness of Spot and Derivatives Based Intervention : The Case of Brazil /

This paper studies the relative effectiveness of foreign exchange intervention in spot and derivatives markets. We make use of Brazilian data where spot and non-deliverable futures based intervention have been used in tandem for more than a decade. The analysis finds evidence in favor of a significa...

وصف كامل

التفاصيل البيبلوغرافية
المؤلف الرئيسي: Nedeljkovic, Milan
مؤلفون آخرون: Saborowski, Christian
التنسيق: دورية
اللغة:English
منشور في: Washington, D.C. : International Monetary Fund, 2017.
سلاسل:IMF Working Papers; Working Paper ; No. 2017/011
الوصول للمادة أونلاين:Full text available on IMF