Download This PaperThe Practice of Central Bank Intervention: Looking Under the Hood
FRB of St. Louis Working Paper No. 2000-028A
24 Pages Posted: 27 Nov 2000
Date Written: October 11, 2000
Abstract
This article first reviews methods of foreign exchange intervention and then presents evidence-focusing on survey results-on the mechanics of such intervention. Types of intervention, instruments, timing, amounts, motivation, secrecy and perceptions of efficacy are discussed.
Keywords: foreign exchange, intervention, exchange rates, monetary authority, central bank
JEL Classification: F3, F31, F33
Suggested Citation: Suggested Citation
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