Krušković, Borivoje D. - In: Journal of central banking theory and practice 11 (2022) 1, pp. 67-85
This paper analyses the impact of central bank interven-tions in the inflation targeting regime. The results of … rate, a central bank may decide to mush instability on the foreign exchange market with foreign exchange interventions …. Namely, through foreign exchange interven-tions, the central bank greatly absorbs the depreciation shock and, consequently …
