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Showing 1 through 8 of 8 results

An Attempt to Profile the Finances of China's Enterprise Sector

by Paul Heytens Cem Karacadag

A report from the International Monetary Fund.

Moving to a Flexible Exchange Rate

by Rupa Duttagupta Gilda Fernandez Cem Karacadag

A report from the International Monetary Fund.

Official Foreign Exchange Intervention

by Shogo Ishii Jorge Iván Canales-Kriljenko Roberto Guimarães Cem Karacadag

Despite increasing exchange rate flexibility, central banks in emerging markets still intervene in their foreign exchange markets for several reasons. In doing so, they face many operational questions, including on the degree of transparency and the choice of markets and counterparties. This paper identifies elements of best practice in official foreign exchange intervention, presents survey evidence on intervention practices in developing countries, and assesses the effectiveness of intervention in Mexico and Turkey.

Showing 1 through 8 of 8 results

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