Krušković, Borivoje D. - In: Journal of Central Banking Theory and Practice 11 (2022) 1, pp. 67-85
empirical stud-ies in this paper show if there is a shock of the exchange rate, which would lead to depreciation of the exchange …. Namely, through foreign exchange interven-tions, the central bank greatly absorbs the depreciation shock and, consequently …This paper analyses the impact of central bank interven-tions in the inflation targeting regime. The results of …