Interwencje walutowe jako element polityki banków centralnych

• Authors: Pszczółka, Ireneusz

Title variants

PL

Foreign exchange market intervention as part of Central Bank policy

Abstracts

EN

This paper discusses the issue of central banks intervene in foreign exchange markets in order to achieve a variety of overall economic targets. The main immediate objectives of this intervention are: to influence the level of the exchange rate; to dampen exchange rate volatility or supply liquidity to foreign exchange markets; and to influence the amount of foreign reserves. This paper focuses also on different channels of influence. The main stress was put on the analyses of the effectiveness of some examples of foreign exchange intervention conducted by some central banks, both form emerging and developed economies.

Keywords

EN

interwencje walutowe; polityka banków centralnych

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Gospodarka w Praktyce i Teorii
• Year: 2012
• Volume: 2(31)

Dates

published

2012

Contributors

author

Pszczółka, Ireneusz

Identifiers

URI

http://hdl.handle.net/11089/2407