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Foreign Exchange Intervention in Developing and Transition Economies true
By:Mr. Jorge Iván Canales Kriljenko
Published on 2003-05-01 by International Monetary Fund
Based on evidence obtained from the IMF''s 2001 Survey on Foreign Exchange Market Organization, the author argues that, for several reasons, some central banks in developing and transition economies may be able to conduct foreign exchange intervention more effectively than the central banks of developed countries issuing the major international currencies. First, these central banks do not always fully sterilize their foreign exchange interventions. In addition, they issue regulations and conduct their foreign exchange operations in a way that increases the central bank''s information advantage and the size of their foreign exchange intervention relative to foreign exchange market turnover. Some of the central banks also use moral suasion to support their foreign exchange interventions.
This Book was ranked at 3 by Google Books for keyword Foreign Exchange.
Book ID of Foreign Exchange Intervention in Developing and Transition Economies's Books is 5gQW1XQ4FGwC, Book which was written byMr. Jorge Iván Canales Kriljenkohave ETAG "5TWM6eK1nZA"
Book which was published by International Monetary Fund since 2003-05-01 have ISBNs, ISBN 13 Code is 9781451897685 and ISBN 10 Code is 1451897685
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