Series: IMF Working Papers
Author(s): Camilo Tovar Mora , Pedro Castro , and Gustavo Adler
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 February 2012
Keywords: central bank, inflation, inflation targeting, monetary fund
Heavy foreign exchange intervention by central banks of emerging markets have lead to sizeable expansions of their balance sheets in recent years?accumulating foreign assets and non-money domestic liabilities (the...