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Intervention Under Inflation Targeting--When Could It Make Sense?

Author/Editor: David J Hofman, Marcos d Chamon, Pragyan Deb, Thomas Harjes, Umang Rawat, Itaru Yamamoto.

Release Date:January, 2020

We investigate the motives inflation-targeting central banks in emerging markets may have for intervening in foreign exchange markets and evaluate the case for such interventions based on the more...



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