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...

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Bibliographic Details
Main Authors: Anton Grui, Volodymyr Lepushynskyi
Format: Article
Language:English
Published: National Bank of Ukraine 2016-12-01
Series:Visnyk of the National Bank of Ukraine
Subjects:
Online Access:https://journal.bank.gov.ua/en/article/2016/238/03