Open AccessCentral banks interventions in the foreign exchange markets
Author(s) -
Dorota Zbierzchowska
Publication year - 2008
Publication title -
equilibrium
Language(s) - English
Resource type - Journals
eISSN - 2353-3293
pISSN - 1689-765X
DOI - 10.12775/equil.2008.004
Subject(s) - psychological intervention , foreign exchange , foreign exchange market , central bank , business , international economics , monetary economics , economics , monetary policy , medicine , psychiatry
The paper aims at presenting objectives and kinds of foreign exchange interventions which are presently conducted by central banks. On the basis of literature and experience of selected countries one described here channels of influence of interventions on the foreign exchange rates. One has also presented here various kinds of market instruments utilized by central banks to conduct the interventions.