Borradores de Economia
Número:
757
Publicado:
Clasificación JEL:
F31, F32, F33, E37
Palabras clave:
Monetary policy, Foreign Exchange Intervention
Lo más reciente
Fredy Gamboa-Estrada, Freddy Cepeda-López, Javier Iván Miguélez-Márquez
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Fredy Gamboa-Estrada, Diego Cuesta, Camilo Sanchez-Quinto
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