Applying Foreign Exchange Interventions as an Additional Instrument Under Inflation Targeting: The Case of Ukraine
This study examines applying foreign exchange interventions under Inflation Targeting regime in an emerging market economy. For this purpose, we employ the Quarterly Projection Model of the National Bank of Ukraine and simulate different policy responses to various macroeconomic shocks. We discuss m...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
National Bank of Ukraine
2016-12-01
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Series: | Visnyk of the National Bank of Ukraine |
Subjects: | |
Online Access: | https://journal.bank.gov.ua/en/article/2016/238/03 |