Is Central Bank Intervention Effective Under Inflation Targeting Regimes? The Case of Colombia

Is Central Bank Intervention Effective Under Inflation Targeting Regimes? The Case of Colombia
Policymakers in many emerging markets are attempting to resist currency appreciation while simultaneously meeting targets for inflation. Using the recent experience of Colombia between 2004 and 2007, this paper examines the effectiveness of the Central Bank's intervention in stemming domestic currency appreciation under an inflation targeting... READ MORE...

Publication date: April 2008
ISBN 9781451869491
$18.00

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