Accumulating Foreign Reserves Under Floating Exchange Rates

Accumulating Foreign Reserves Under Floating Exchange Rates / prepared by Fernando M. Gonçalves.

Official accumulation of foreign reserves may be perceived as interventions to influence the exchange rate, undermining the credibility of floating exchange rates and inflation targets. This paper develops a theoretical framework to study the interaction between reserve accumulation and monetary pol...

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Bibliographic Details
Main Author: Gonçalves, Fernando M. (Author)
Corporate Author: International Monetary Fund
Other Authors: Goncalves, Fernando M.
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2008.
Series:IMF working paper ; WP/08/96.
Subjects:
Foreign exchange rates > Econometric models.
Bank reserves > Econometric models.
Monetary policy > Econometric models.
Bank reserves > Econometric models
Foreign exchange rates > Econometric models
Monetary policy > Econometric models
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