Adler, Gustavo; Chang, Kyun Suk; Wang, Zijiao - In: Latin American journal of central banking : LAJCB 2 (2021) 4, pp. 1-25
The paper documents the use of foreign exchange intervention (FXI) across countries and monetary regimes, with special attention to its use under inflation targeting (IT). We find significant differences between advanced (AEs) and emerging market economies (EMEs). The former group conduct FXI...