The Role of the Exchange Rate in Inflation-Targeting Emerging Economies

Targeting Emerging Economies

The Role of the Exchange Rate in Inflation-Targeting Emerging Economies
This paper explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become especially germane during the current episode of financial turmoil and volatile capital flows. Under inflation targeting, the interest rate is the main monetary policy tool for influencing activity and inflation, and... READ MORE...

Publication date: November 2009
ISBN 9781589067967
$33.00

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