Han, Minsoo; An, Sungbae; Kim, Hyo Sang; Kim, Su Bin; … - 2021
necessary to show empirically that Korea’s foreign exchange market intervention policy has a limited effect on the exchange rate … surplus tends to be. Therefore, for example, if accessibility to international financial markets is not taken into account … exchange market intervention policy—in the model. Our main result is that the foreign exchange interventions have a …