This paper is a highly selective review of our knowledge about the scope for sterilized intervention in foreign exchange markets under alternative exchange-rate regimes. Section I demonstrates the pot
Sale/Purchase of US Dollar by RBI：销售在02-01-2026达13,994.000百万美元，相较于01-01-2026的25,473.000百万美元有所下降。Sale/Purchase of US Dollar by RBI：销售数据按月更新，06-01-1995至02-01-2026期间平均值为0.000百万美元，共369份观测结果。该数据的历史最高值出现于12
This paper examines foreign exchange intervention based on novel daily data covering 33 countries from 1995 to 2011. We find that intervention is widely used and an effective policy tool, with a succe
We study a real small open economy with two key ingredients: (i) partial segmentation of home and foreign bond markets and (ii) a pecuniary externality that makes the real exchange rate excessively vo
We construct a novel database of monthly foreign exchange interventions for 49 countries over up to 22 years. We build on a text classification approach that extracts...
