any impact on the volatility of the exchange rate in Mexico and Turkey since the adoption of the floating regime. To this … results suggest that both the amount and frequency of foreign exchange interventions have decreased the volatility of the …

impact on the volatility of the exchange rate in Mexico and Turkey since the adoption of the floating regime. To this end … suggest that both the amount and frequency of foreign exchange interventions have decreased the volatility of the exchange …

This paper analyzes the effects of intervention on the level and volatility of the exchange rate in Mexico and Turkey … intervention. In Mexico, foreign exchange sales have a small impact on the exchange rate level and raise short-term volatility …, while in Turkey, intervention does not appear to affect the exchange rate level but reduces its shortterm volatility. In …

effectiveness of intervention in Mexico and Turkey …