Integrated Policy Framework—Principles for the Use of Foreign Exchange Intervention
Download or Read eBook Integrated Policy Framework—Principles for the Use of Foreign Exchange Intervention PDF written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2023-12-21 with total page 61 pages. Available in PDF, EPUB and Kindle.
| Author | : International Monetary Fund. Monetary and Capital Markets Department |
| Publisher | : International Monetary Fund |
| Total Pages | : 61 |
| Release | : 2023-12-21 |
| ISBN-10 | : 9798400263842 |
| ISBN-13 | : |
| Rating | : 4/5 (42 Downloads) |
Book Synopsis Integrated Policy Framework—Principles for the Use of Foreign Exchange Intervention by : International Monetary Fund. Monetary and Capital Markets Department
Book excerpt: This note guides policy advice on the use of foreign exchange intervention (FXI) as part of the Integrated Policy Framework (IPF) in Fund surveillance. The note provides general principles for the advice in countries with flexible exchange rates and sets out three use cases for FXI that are tied to specific frictions. It explores the use of FXI as part of an overall policy response, allowing the advice to differ with shocks, frictions, and country-specific circumstances.
