Resumen
The objective of this work is to determine the effects of foreign exchange interventions on the exchange rate that have been adopted by the central bank in Colombia for the time period 2014-2016. To carry out the study is used daily data taken from the Banco de la Republica database. The methodology employed is the analysis of intervention on the time series. The results obtained show that the actions carried out by the monetary authority were successful in reducing the changes in the nominal exchange rate in Colombia.
| Título traducido de la contribución | Policy of foreign exchange intervention in emerging economies: The case of Colombia |
|---|---|
| Idioma original | Español |
| Publicación | Espacios |
| Volumen | 40 |
| N.º | 1 |
| Estado | Publicada - 2019 |
Palabras clave
- Appreciation
- Apreciación
- Depreciación
- Depreciation
- Exchange rate
- Tipo de cambio
- Volatilidad
- Volatility