In this work we study the impact of FX interventions on Credit growth in Peru. Using Panel data at the firm-bank level … from the Peruvian Credit Registry we find that purchases of dollars by the Central Bank are associated with reductions on … the stock of credit held by Medium, Big and Corporate Firms in the Peruvian economy. We also found that the impact is …

loans. We find an asymmetric effect on the cost of credit: loan spreads decrease by approximately 5.9 basis points in … effect (working via firm's leverage) and, secondarily, a credit supply effect (working via bank market power and bank capital …

Asian countries (China, Indonesia, Japan, Korea, Malaysia, the Philippines, Singapore, Thailand and Vietnam) becomes more …

During the 1997/98 Asian crisis and the 2007-2010 world financial and economic crisis, China has proved to be a … China. The paper explores the current role of China's nominal exchange rate stabilization as stabilizing factor for China … policy coordination between China and the US. The exit from unconventional low interest rate policies in the US combined with …

potentially subsidized capital allocation in China the real yuan/dollar rate is undervalued. This has caused - both in China and …-American policy coordination to escape from the policy dilemma, which continues to drive global imbalances. -- China ; exchange rate …

China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its …-growth and low-growth economies, as between Japan and the U.S. from in 1950 to 1971 and China and the U.S. from 1994 to 2005 … growth. The qualified case for China moving toward greater flexibility in the form of a very narrow band for the yuan …

interdependence between the two economic powers China and the United States in the money market and the goods and services market …