Borradores de Economia
Número:
757
Publicado:
Clasificación JEL:
F31, F32, F33, E37
Palabras clave:
Monetary policy, Foreign Exchange Intervention
Lo más reciente
Catalina Granda-Carvajal, Jesús Enrique Morales-Piñero
Elkin Navas-Diago, Jorge Quintero-Otero
Cristian David González-Téllez
Banco de la República's FX intervention policy is described, with a focus on its objectives and main features. Then, based on a survey of the effectiveness of sterilized intervention in Colombia, it is argued that this tool is not useful to cope with the