fx regimes and central bank

fx regimes and central bank - FX Regimes Central Bank...

Info icon This preview shows pages 1–5. Sign up to view the full content.

View Full Document Right Arrow Icon
1 FX Regimes & Central Bank Intervention FBE 436 Prof. Aris Protopapadakis 4 Key Concepts and Skills Floating rate Pure, Dirty Fixed rate One currency; basket of currencies, target zones, snakes & tunnels; Currency board; Dollarization; Common currency Why do central banks intervene? Central bank intervention Principles & Action 5 Why Discuss FX Regimes? The choice of FX regime, or FX policy has major implications for The degree of FX volatility and FX exposure FX forecasting The potential for currency and banking crises The nature of current and future trade and capital movement curbs and restrictions All other economic policies of the government
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon