The Role of the Exchange Rate in Inflation-Targeting Emerging Economies /

This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation targeting, the interest rate is the main monetary policy tool...

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Bibliographic Details
Main Author: Nordstrom, Anna
Other Authors: Roger, Scott, Shimizu, Seiichi., Stone, Mark
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2009.
Series:Occasional Papers; Occasional Paper ; No. 2009/004
Subjects:
Online Access:Full text available on IMF