Central bank participation in currency options markets /

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Bibliographic Details
Author / Creator:Breuer, Peter (Peter D.)
Imprint:[Washington, D.C.] : International Monetary Fund, Research Department, ©1999.
Description:1 online resource (40 pages) : illustrations
Language:English
Series:IMF working paper, 2227-8885 ; WP/99/140
IMF working paper ; WP/99/140.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12497056
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Other authors / contributors:International Monetary Fund. Research Department.
ISBN:1282026747
9781282026742
1451901267
9781451901269
1462357962
9781462357963
1452732051
9781452732053
9786613796479
6613796476
Notes:Includes bibliographical references (pages 38-40).
Restrictions unspecified
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2010.
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212
English.
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Print version record.
Summary:Traditional central bank foreign exchange intervention occurs in spot currency markets. Likewise, the attention of researchers has focused on spot market interventions. However, the enormous growth in derivatives products has widened the array of instruments available to central banks to achieve their monetary policy goals. Some central banks are now investigating the potential uses of derivative products. The topic first received (albeit limited) attention in the Hannoun Report (BIS, 1994), which considered the impact of recent financial innovation on the macroeconomy and monetary policy. More recently, there have been reports that several central banks have intervened in currency option markets. 2.
Other form:Print version: Breuer, Peter (Peter D.). Central bank participation in currency options markets. [Washington, D.C.] : International Monetary Fund, Research Department, ©1999
Standard no.:10.5089/9781451901269.001