Central bankers share lessons on FX interventions
Officials highlight benefits of transparent operations, clear frameworks at Autumn Meetings
Officials attending the Central Banking Autumn Meetings on November 14 highlighted the need to maintain transparency and consistency when implementing FX interventions.
A panelist from a Latin American central bank said the institution’s main goals for conducting FX intervention were to ensure the market was functional – that market players could buy and sell currencies as they wished – and to provide liquidity for the market where it was needed.
Depending on its needs, the central bank uses three
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