Velasco, Andres 
ORCID: 0000-0003-0441-5062
(2019)
Dirty floating in emerging markets.
Project Syndicate.
Abstract
Central banks are supposed to use the interest rate to achieve an inflation target and let the exchange rate float freely. So why do they often intervene in currency markets by buying and selling international reserves, and use a host of other measures to limit their currencies’ volatility?
| Item Type: | Article |
|---|---|
| Official URL: | https://www.project-syndicate.org/ |
| Additional Information: | © 2019 The Author |
| Divisions: | School of Public Policy ?? SCPP ?? |
| Subjects: | H Social Sciences > HG Finance |
| Date Deposited: | 08 Nov 2019 12:51 |
| Last Modified: | 15 Sep 2023 10:22 |
| URI: | http://eprints.lse.ac.uk/id/eprint/102452 |
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