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We show that an American monetary shock wields an influence, though limited, over the Lebanese output in accordance with the literature advances. However, as we are waiting for a stronger transmission of U.S. short-term rates to Lebanese short-term rates, we notice that this transmission is weak...
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implied by the fix to a much greater extent in months with higher intervention intensity, but less over the course of 2017, as … intervention has waned. We document ways in which the short-run behavior of the CNY/USD exchange rate has evolved to more closely …
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