Exchange Rate and Interest Rate in the Monetary Policy Reaction Function
In recent years there has been a particular interest in the relation between exchange rates and interest rates both in developed countries and emerging countries. This is understandable given the important role that these variables have in determining the movement of nominal and real economic variab...
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| Format: | Article |
| Language: | English |
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Sciendo
2017-01-01
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| Series: | Journal of Central Banking Theory and Practice |
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| Online Access: | https://doi.org/10.1515/jcbtp-2017-0004 |