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...
Hovedforfatter: | |
---|---|
Andre forfattere: | |
Format: | Tidsskrift |
Sprog: | English |
Udgivet: |
Washington, D.C. :
International Monetary Fund,
2017.
|
Serier: | IMF Working Papers; Working Paper ;
No. 2017/011 |
Online adgang: | Full text available on IMF |