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How to move the exchange rate if you must: the diverse practice of foreign exchange intervention by central banks and a proposal for doing it better (English)

Abstract

The paper is about the art of exchange rate management by central banks. It begins by reviewing the diversity of objectives and practices of central bank intervention in the foreign exchange market. Central banks typically exercise discretion in determining... See More +

Details

  • Basu, Kaushik; Varoudakis, Aristomene;
  • 2013/05/01
  • Policy Research Working Paper
  • WPS6460
  • 1
  • 1
  • World
  • The World Region
  • 2013/05/01
  • How to move the exchange rate if you must: the diverse practice of foreign exchange intervention by central banks and a proposal for doing it better
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