Integrated Policy Framework—Principles for the Use of Foreign Exchange Intervention
This note guides policy advice on the use of foreign exchange intervention (FXI) as part of the Integrated Policy Framework (IPF) in Fund surveillance. The note provides general principles for the advice in countries with flexible exchange rates and sets out three use cases for FXI that are tied to...
Corporate Authors: | , , , |
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Format: | eBook |
Language: | English |
Published: |
Washington, D.C.
International Monetary Fund
2023
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Series: | Policy Papers
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Subjects: | |
Online Access: | |
Collection: | International Monetary Fund - Collection details see MPG.ReNa |
Summary: | This note guides policy advice on the use of foreign exchange intervention (FXI) as part of the Integrated Policy Framework (IPF) in Fund surveillance. The note provides general principles for the advice in countries with flexible exchange rates and sets out three use cases for FXI that are tied to specific frictions. It explores the use of FXI as part of an overall policy response, allowing the advice to differ with shocks, frictions, and country-specific circumstances |
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Physical Description: | 61 pages |
ISBN: | 9798400263842 |