Jara R., Alejandro; Piña, Marco - In: Latin American journal of central banking : LAJCB 4 (2023) 2, pp. 1-27
that FX interventions in Chile tend to occur during high exchange rate volatility periods, which correlate with domestic …In this paper, we study the effectiveness of FX interventions in Chile since adopting a fully flexible exchange rate … regime in the late 1990s. In particular, we ask whether these interventions have dumped excess exchange rate volatility and …