Market volatility and foreign exchange intervention in EMEs: what has changed?
This volume, summarising the discussion and papers presented at the meeting of Deputy Governors of major EMEs in Basel on 21-22 February 2013, addresses three questions. First, what is the role of a flexible exchange rate in stabilising the economy and promoting financial development while preserving stability? Second, how have the motives and strategy behind the interventions changed since the 2008 global financial crisis? Finally, is intervention effective and, if so, how can its efficacy be measured?
Year of publication: |
2013-10
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Institutions: | Bank for International Settlements (BIS) ; Bank for International Settlements |
Published items: |
27 hits in RePEc - Research Papers in Economics
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