Banco Central de Reserva del Perú Banco Central de Reserva del Perú Investigación Económica y Financiera
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The Objective of Central Bank Intervention: The Exchange Rate Level, Reducing Exchange Rate Volatility, or Both?: An Analysis of the Peruvian Experience, 1991–1998

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December 1999

Language: Spanish

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The Objective of Central Bank Intervention: The Exchange Rate Level, Reducing Exchange Rate Volatility, or Both?: An Analysis of the Peruvian Experience, 1991–1998

Abstract

It assesses the effect of the Central Reserve Bank’s intervention on the level and volatility of the exchange rate.