Search Results for: Exchange Rate Efficiency And The Behavior Of International Asset Markets

This book, first published in 1992, examines the subject of foreign exchange market efficiency and, in particular, the effectiveness of central bank interventio

The flotation of exchange rates in the early 1970s saw a significant increase in the importance of foreign exchange markets and in the interest shown in them. A

This paper presents a rule for foreign exchange interventions (FXI), designed to preserve financial stability in floating exchange rate arrangements. The FXI ru