Monetary Policy Under an Exchange Rate Anchor /
This paper argues that there is scope for monetary policy under an exchange rate anchor, and discusses the related monetary policy design and implementation. It shows that the exchange rate can be used as the main monetary policy instrument while the policy rate can target the exchange rate. An exch...
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| Altres autors: | , |
| Format: | Revista |
| Idioma: | English |
| Publicat: |
Washington, D.C. :
International Monetary Fund,
2020.
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| Col·lecció: | IMF Working Papers; Working Paper ;
No. 2020/180 |
| Accés en línia: | Full text available on IMF |