IDEAS home Printed from https://ideas.repec.org/p/chb/bcchee/88.html
   My bibliography  Save this paper

Mercado cambiario 2000-2010: Comparación internacional de Chile

Author

Listed:
  • María Gabriela Acharán V.
  • José Miguel Villena M.

Abstract

This paper presents a comparative analysis of the Chilean foreign exchange market in an international context from 2001 to 2010, in respect of three blocks of economies: advanced, emerging and Latin American. Aspects of deepness, liquidity and the international financial integration level are examined for both spot and derivatives markets. The results reflect that Chile presents better deepness indicators than the average of emerging economies in the foreign exchange market, while it stands behind them regarding financial integration. Indicators show that, in general, the Chilean economy has more liquidity than the emerging economies in this market. Additionally, for the 2000-2010 period, relevant statistics of foreign exchange activity show stylized facts in banks and other companies that are part of the formal exchange market.

Suggested Citation

  • María Gabriela Acharán V. & José Miguel Villena M., 2011. "Mercado cambiario 2000-2010: Comparación internacional de Chile," Economic Statistics Series 88, Central Bank of Chile.
  • Handle: RePEc:chb:bcchee:88
    as

    Download full text from publisher

    File URL: http://www.bcentral.cl/estudios/estudios-economicos-estadisticos/pdf/see88.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Valeria Orellana & Paulina Rodríguez, 2008. "Methodology for Measuring Derivatives at the Central Bank of Chile," Economic Statistics Series 68, Central Bank of Chile.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. María Gabriela Acharán V. & Roberto Álvarez E. & José Miguel Villena M., 2010. "Crisis Financiera y Uso de Derivados Cambiarios en Empresas Exportadoras," Notas de Investigación Journal Economía Chilena (The Chilean Economy), Central Bank of Chile, vol. 13(3), pages 105-114, December.
    2. International Monetary Fund, 2012. "Chile: Selected Issues," IMF Staff Country Reports 2012/266, International Monetary Fund.
    3. Luis A Opazo R, 2012. "Derivative market: the experience of Chile," IFC Bulletins chapters, in: Bank for International Settlements (ed.), Proceedings of the workshop "Data requirements for monitoring derivative transactions", organised by the People's Bank of China and the Irving Fisher , volume 35, pages 12-19, Bank for International Settlements.
    4. Gabriel Aparici & Pablo Furche & Fernando Sepúlveda & Catherine Tornel, 2013. "Mercado de Derivados y su Infraestructura: Aspectos Relevantes de la Discusión Internacional y su Aplicación en Chile," Economic Policy Papers Central Bank of Chile 45, Central Bank of Chile.

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:chb:bcchee:88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alvaro Castillo (email available below). General contact details of provider: https://edirc.repec.org/data/bccgvcl.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.