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Argentina: The Central Bank in the Foreign Exchange Market

Author

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  • Roberto Frenkel

Abstract

This article, originally published in Spanish in La Nación, December 31, 2006, explains the mechanics of the Argentine Central Bank's intervention in exchange rates markets to target a stable and competitive exchange rate, a macroeconomic policy that has played a significant role in Argentina's economic growth since 2002.

Suggested Citation

  • Roberto Frenkel, 2007. "Argentina: The Central Bank in the Foreign Exchange Market," CEPR Reports and Issue Briefs 2007-03, Center for Economic and Policy Research (CEPR).
    • Handle: RePEc:epo:papers:2007-03
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    File URL: http://www.cepr.net/documents/publications/argentina_2007_02.pdf
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    Cited by:

    1. Mark Weisbrot & Rebecca Ray, 2010. "Latvia’s Recession: The Cost of Adjustment With An “Internal Devaluation”," CEPR Reports and Issue Briefs 2010-02, Center for Economic and Policy Research (CEPR).
    2. Brause, Alexander, 2008. "Foreign exchange interventions in emerging market countries: New lessons from Argentina," W.E.P. - Würzburg Economic Papers 79, University of Würzburg, Department of Economics.

    More about this item

    JEL classification:

    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System

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