Two Targets, Two Instruments: Monetary and Exchange Rate Policies in Emerging Market Economies
February 29, 2012
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Disclaimer: This Staff Discussion Note represents the views of the authors and does not necessarily represent IMF views or IMF policy. The views expressed herein should be attributed to the authors and not to the IMF, its Executive Board, or its management. Staff Discussion Notes are published to elicit comments and to further debate.
Summary
Subject: Balance of payments, Banking, Capital inflows, Central bank policy rate, Exchange rate policy, Exchange rates, Financial services, Foreign exchange, Inflation targeting, Monetary policy
Keywords: Capital inflows, Central bank policy rate, EME central banks, EME inflation targeters, Exchange rate policy, Exchange rates, Foreign exchange, Foreign Exchange Intervention, FX intervention, Global, Inflation target, Inflation targeting, Inflationary bias, Inflation-targeting EME, IT framework, Monetary Policy, Policy response, SDN
Publication Details
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Pages:
25
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Volume:
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DOI:
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Issue:
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Series:
Staff Discussion Notes No. 2012/001
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Stock No:
SDNEA2012001
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ISBN:
9781475503623
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ISSN:
2617-6750
