Andersen, Peter; Kim, Suk-Joong - In: Journal of International Financial Markets, … 21 (2011) 2, pp. 277-295
We estimate the approximate intraday timing of interventions by the Reserve Bank of Australia (RBA) in the onshore and offshore USD/AUD markets for the period of 1996-2006. We use a more accurate measure of intervention that excludes transactions with the government as well as high frequency...