English, Article edition: Foreign exchange intervention and central bank independence: the Latin American experience Mauricio Nunes; Sergio Da Silva

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Bookmark: http://trove.nla.gov.au/version/50730
Physical Description
  • article
Language
  • English

Edition details

Title
  • Foreign exchange intervention and central bank independence: the Latin American experience
Author
  • Mauricio Nunes
  • Sergio Da Silva
Physical Description
  • article
Notes
  • Employing data from 13 Latin American countries, we find that greater central bank independence is associated with lesser intervention in the foreign exchange market, and also with leaning-against-the-wind intervention. We also find that the structural reforms that occurred in Latin America mostly in the 1990s helped to reduce the need for foreign exchange intervention.
  • RePEc:taf:apfelt:v:4:y:2008:i:5:p:379-382
Language
  • English
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