The Role of the Exchange Rate in Inflation-targeting Emerging Economies (Occasional Papers (International Monetary Fund))

by Mark Stone (Author), ScottRoger (Author), JorgeRestrepo (Author), Anna Nordstrom (Author), SeiichiShimizu (Author)

• New

  Paperback
  2009

  $43.23

  Inflation-targeting emerging economies have less flexible exchange rate arrangements and intervene more frequently in the foreign exchange market. This book explores the role of exchange rates in emerging economies with inflation-targeting regimes, an issue that has become germane during episodes of financial turmoil and volatile capital flows.