Foreign exchange interventions as an (un)conventional monetary policy tool

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985998%3A_____%2F13%3A00423178" target="_blank" >RIV/67985998:_____/13:00423178 - isvavai.cz</a>
Result on the web
<a href="https://www.bis.org/publ/bppdf/bispap73.pdf" target="_blank" >https://www.bis.org/publ/bppdf/bispap73.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Foreign exchange interventions as an (un)conventional monetary policy tool
Original language description
The zero level of interest rates constitutes a limit of this standard monetary policy instrument. Based on the example of the Czech Republic we argue that in such a situation foreign exchange interventions represent a meaningful monetary policy tool forsmall open economies not facing serious liquidity problems.
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2013
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Market volatility and foreign exchange intervention in EMEs: what has changed?
ISBN
92-9131-962-7
ISSN
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e-ISSN
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Number of pages
17
Pages from-to
127-143
Publisher name
Bank for International Settlements, Monetary and Economic Department
Place of publication
Basel
Event location
Basel
Event date
Feb 21, 2013
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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