Inflation Targeting, Reserves Accumulation, and Exchange Rate Management in Latin America

Número: 
487
Publicado: 
Clasificación JEL: 
E5, F4
Palabras clave: 
Inflation Targeting, Exchange Rate Policy, International reserves

Lo más reciente

Luis E. Arango, Leonardo Bonilla-Mejía, Luz Adriana Flórez, Luis E. Arango
Julián Andrés Parra-Polanía, Constanza Martínez-Ventura

This paper examines whether central banks in Latin America have implemented conventional inflation targeting (IT) prescriptions, with a focus on foreign exchange intervention and official reserves accumulation policies. To this end, the paper reviews the