“Uncertainty surrounding tariffs has grown, but its impact on exchange rates is expected to be limited. This ruling is unlikely to become a ‘game changer’ for the exchange rate.” Following the U.S.
The Economic Issues series was inaugurated in September 1996. Its aim is to make some of the economic research being produced in the International Monetary Fund on topical issues accessible to a broad ...
This paper presents a rule for foreign exchange interventions (FXI), designed to preserve financial stability in floating exchange rate arrangements. The FXI rule addresses a market failure: the ...
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