Series: IMF Working Papers
Author(s): Melesse Tashu
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 12 December 2014
Keywords: FX intervention, FX purchase, FX sale, FX volatility, exchange, exchange rate, central bank, portfolio,
This paper assesses empirically the motives and effectiveness of forex interventions in Peru. While the central bank of Peru states that its forex interventions aim only at containing excessive exchange rate volati...