BazEkon - The Main Library of the Cracow University of Economics

BazEkon home page

Main menu

Author
Franek Sławomir
Title
Praktyka przeprowadzania interwencji dewizowych a ich skuteczność
The Practice of Foreign Exchange Interventions and Their Effectiveness
Source
Prace Naukowe Akademii Ekonomicznej we Wrocławiu, 2006, nr 1109, s. 222-230, tab., bibliografia 11 poz.
Issue title
Zarządzanie finansami firm : teoria i praktyka
Keyword
Kształtowanie kursu walutowego, Kurs walutowy, Banki centralne
Exchange rate developments, Exchange rates, Central banks
Note
summ.
Abstract
W artykule przedstawiono problem interwencji dewizowych w warunkach inflacji. Opisano kilka metod za pomoca których interwencja może być przeprowadzona. Szczególną uwagę zwrócono na efektywność i opłacalność interwencji walutowych banku centralnego.

This article discusses the role of foreign exchange interventions especially in the inflation targeting regime, focusing on the Polish perspectives. The article describes several methods by which interventions can be conducted. The analysis offers guidance on the operational aspects of official intervention, particularly in the aspect of the objectives, choice of markets and counterparties, amount and timing. Special attention is given to the effectiveness and credibility of central banks' FX interventions.(original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
The Main Library of the Wroclaw University of Economics
Bibliography
Show
  1. Annual Report, Board of Governors of Federal Reserve Bank, Washington 2004.
  2. Canales-Kriljenko J., Foreign Exchange Intervention in Developing and Transition Economies: Results of a Survey, IMF Working Paper nr 95, 2003.
  3. Fratscher M., Exchange Rate Policy Strategies and Foreign Exchange Interventions in the Group of Three Economies, [in:] Dolar Adjustment: How Much Against What?, Institute for International Economics, Washington 2004.
  4. Holub Т., Foreign Exchange interventions under inflation targeting: the Czech Experience "Deutsche Bank Research" 2004 nr 17.
  5. Lutkowski K., Globalizacja a dylematy polityki pieniężnej: w poszukiwaniu optymalnej strategii dla Polski na drodze do euro, "Bank i Kredyt" 2001, nr 11 -12.
  6. Mandeng O., Central Bank Foreign Exchange Market Intervention and Option Contract Specification: The Case of Colombia, IMF Working Paper nr 135, 2003.
  7. Miesięczny Przegląd Makroekonomiczny, BRE Bank, Warszawa grudzień 2004.
  8. Mihajlek D., Survey of Central Banks' View on Effects of Intervention, Bank of Slovenia 2005.
  9. Neely Ch., The Practice of Central Bank Intervention: Looking Under the Hood, Federal Bank of St. Louis, May 2001.
  10. Report, Board of Governors of Federal Reserve Bank, Washington 2004.
  11. Rostkowski J., Polityka kursowa w trzecim etapie reform w Polsce, CASE, Warszawa 2004.
Cited by
Show
ISSN
0324-8445
Language
pol
Share on Facebook Share on Twitter Share on Google+ Share on Pinterest Share on LinkedIn Wyślij znajomemu