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...

תיאור מלא

מידע ביבליוגרפי
מחבר ראשי: Nedeljkovic, Milan
מחברים אחרים: Saborowski, Christian
פורמט: כתב-עת
שפה:English
יצא לאור: Washington, D.C. : International Monetary Fund, 2017.
סדרה:IMF Working Papers; Working Paper ; No. 2017/011
גישה מקוונת:Full text available on IMF