Series: IMF Working Papers
Author(s): Selim Elekdag , Nabil Ben Ltaifa , Todd Schneider , and Saade Chami
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2007
Monetary policy in Yemen is largely rudimentary and ad hoc in nature. The Central Bank of Yemen's (CBY) approach has been based on discretionary targeting of broad money without any clear target to anchor inflation...