Ebook: Foreign Exchange Interventions in Inflation Targeters in Latin America
- Year: 2019
- Publisher: International Monetary Fund
- Language: English
- pdf
Foreign exchange intervention is widely used as a policy tool, particularly in emerging markets, but our understanding of many facets of this tool remain limited, especially in the context of flexible exchange rate regimes. The Latin American experience shows how some of its largest countries have adopted floating exchange rate regimes and inflation targeting while continuing to intervene in foreign exchange markets.
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