Browse

You are looking at 21 - 30 of 160 items :

  • Economics - Macroeconomics x
  • International Relations - Trade and Tariffs x
  • Keywords: exchange rate x
Clear All
Chapter 4 The Effectiveness of Intervention

Chapter 4 The Effectiveness of Intervention »

Source: Foreign Exchange Intervention in Inflation Targeters in Latin America

Series: Books

Author(s): Marcos Chamon , David Hofman , Nicolas Magud , and Alejandro Werner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 February 2019

ISBN: 9781484375686

Keywords: Foreign exchange intervention, Exchange rates, Inflation targeting, Central banks, Exchange markets, Exchange rate policy, Exchange policy, central bank;volatility;exchange market;exchange rate;international reserve

This chapter surveys the empirical evidence on the effectiveness of foreign exchange intervention. There is an inherent identification problem when estimating the ef...

Chapter 13 Uruguay: Interventions and Their Effects

Chapter 13 Uruguay: Interventions and Their Effects »

Source: Foreign Exchange Intervention in Inflation Targeters in Latin America

Series: Books

Author(s): Marcos Chamon , David Hofman , Nicolas Magud , and Alejandro Werner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 February 2019

ISBN: 9781484375686

Keywords: Foreign exchange intervention, Exchange rates, Inflation targeting, Central banks, Exchange markets, Exchange rate policy, Exchange policy, central bank;volatility;exchange market;exchange rate;international reserve

In the wake of the global financial crisis in 2008, the Central Bank of Uruguay faced challenges in global capital flow volatility. It used different tools within th...

Chapter 2 Why Intervene?

Chapter 2 Why Intervene? »

Source: Foreign Exchange Intervention in Inflation Targeters in Latin America

Series: Books

Author(s): Marcos Chamon , David Hofman , Nicolas Magud , and Alejandro Werner

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 28 February 2019

ISBN: 9781484375686

Keywords: Foreign exchange intervention, Exchange rates, Inflation targeting, Central banks, Exchange markets, Exchange rate policy, Exchange policy, central bank;volatility;exchange market;exchange rate;international reserve

This chapter discusses some of the motives for why emerging market countries may want to intervene in the foreign exchange market, even under a flexible exchange rat...

China's Evolving Exchange Rate Regime1

China's Evolving Exchange Rate Regime1 »

Source: China's Evolving Exchange Rate Regime

Volume/Issue: 2019/50

Series: IMF Working Papers

Author(s): Sonali Das

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 07 March 2019

ISBN: 9781498302029

Keywords: Exchange markets, Real effective exchange rates, Central banks, Exchange rate policy, Nominal effective exchange rate, reminbi, exchange rate, foreign exchange market, liquidity, RMB

China's exchange rate regime has undergone gradual reform since the move away from a fixed exchange rate in 2005. The renminbi has become more flexible over time but is still carefully managed, and depth and liquid...

Colombia: Review Under the Flexible Credit Line Arrangement—Press Release and Staff Report

Colombia: Review Under the Flexible Credit Line Arrangement—Press Release and Staff Report »

Source: Colombia : Review Under the Flexible Credit Line Arrangement-Press Release; and Staff Report

Volume/Issue: 2019/141

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Western Hemisphere Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 May 2019

ISBN: 9781498316309

Keywords: Flexible exchange rates, Economic recovery, Fiscal policy, Lines of credit, Monetary policy, FCL, policy framework, percent of GDP, flexible exchange rate, deflator

Colombia's recovery is gaining momentum on the back of strong domestic demand, with a wider current account deficit. As a key external shock, migration flows from Venezuela accelerated in 2018 and by end-December 1...

The Consolidated Medium-Term Income and Expenditure Framework

The Consolidated Medium-Term Income and Expenditure Framework »

Source: The Consolidated Medium-Term Income and Expenditure Framework

Volume/Issue: 2016/048

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 August 2016

ISBN: 9781498345750

Keywords: Estimated incomes and expenses, Financial year, Fund administrative budget, Net income of Fund, SDR interest rates, Real interest rates, Interest rate increases, Interest rates, Expenditures, Accounting

The medium-term income projections have been updated from the April 2015 outlook and the February review of the adequacy of precautionary balances. The main changes to the outlook stem from a more gradual rise in t...

Credit Cycle and Capital Buffers in Central America, Panama, and the Dominican Republic

Credit Cycle and Capital Buffers in Central America, Panama, and the Dominican Republic »

Source: Credit Cycle and Capital Buffers in Central America, Panama, and the Dominican Republic

Volume/Issue: 2019/39

Series: IMF Working Papers

Author(s): Valentina Flamini , Pierluigi Bologna , Fabio Di Vittorio , and Rasool Zandvakil

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 22 February 2019

ISBN: 9781484397992

Keywords: Exchange rate policy, Credit booms, Central banks, Credit pricing, Credit risk, Credit cycle;Financial crises;Countercyclical capital buffer;Basel III;CPI inflation;GFC;countercyclical;synchronicity

Credit is key to support healthy and sustainable economic growth but excess aggregate credit growth can signal the build-up of imbalances and lead to systemic financial crisis. Hence, monitoring the credit cycle is...

Criteria for Broadening the SDR Currency Basket

Criteria for Broadening the SDR Currency Basket »

Source: Criteria for Broadening the SDR Currency Basket

Volume/Issue: 2011/077

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 September 2011

ISBN: 9781498338448

Keywords: Basket of currencies, Foreign exchange, International monetary system, Reserves, SDR valuation basket, Freely usable currencies, SDR interest rate basket, Currency swaps, Exchange rate policy, international transaction

The paper explores the pros and cons of maintaining the current 'freely usable currency' criterion, and clarifies indicators for assessing it. The freely usable concept and its two key elements-currencies should be...

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s

Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s »

Source: Destabilizing the Global Monetary System: Germany's Adoption of the Gold Standard in the Early 1870s

Volume/Issue: 2019/32

Series: IMF Working Papers

Author(s): Johannes Wiegand

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 February 2019

ISBN: 9781484394724

Keywords: Currency reform, Fixed exchange rates, Exchange rate regimes, Currency question, Gold, Bimetallism;Gold Standard;France;Germany;Flandreau;specie;silver specie;gold currency

In 1871-73, newly unified Germany adopted the gold standard, replacing the silver-based currencies that had been prevalent in most German states until then. The reform sparked a series of steps in other countries t...

Domestic Amplifiers of External Shocks: Growth Accelerations and Reversals in Emerging Market and Developing Economies*

Domestic Amplifiers of External Shocks: Growth Accelerations and Reversals in Emerging Market and Developing Economies* »

Source: Domestic Amplifiers of External Shocks: Growth Accelerations and Reversals in Emerging Market and Developing Economies

Volume/Issue: 2019/129

Series: IMF Working Papers

Author(s): Bertrand Gruss , Malhar Nabar , and Marcos Poplawski Ribeiro

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 17 June 2019

ISBN: 9781498314435

Keywords: Economic integration, Flexible exchange rates, Exchange rate regimes, Exchange rate stability, Real exchange rates, Economic Growth, Emerging Markets, Developing Economies, External Conditions, external condition

External conditions have been found to influence the tendency of emerging market and developing economies to experience episodes of growth accelerations and reversals. In this paper we study the role of domestic po...