BIS papers probe LatAm currency interventions

Map of Latin America

Five working papers published this week by the Bank for International Settlements (BIS) take an in-depth look at currency intervention strategies in five Latin American countries: Mexico, Brazil, Colombia, Chile and Peru.

In On central bank interventions in the Mexican peso/dollar foreign exchange market, Bank of Mexico economists Santiago García-Verdú and Miguel Zerecero assess the effectiveness of two specific examples of rules-based currency intervention that occurred in periods of great

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Geoeconomic reserve management

The world order is evolving. Whether, and how, the international economy remains integrated or shifts into spheres of influence has consequences for central bank policy and reserve management.

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