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...
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Другие авторы: | |
Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2017.
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Серии: | IMF Working Papers; Working Paper ;
No. 2017/011 |
Online-ссылка: | Full text available on IMF |