| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5059711 | Economics Letters | 2012 | 4 Pages |
Abstract
⺠Central banks devaluing their currency, buy up foreign exchange, which is not necessary. ⺠This paper describes a new intervention by central banks: schedule intervention. ⺠A currency can be revalued without loss of reserves by gaming the forex dealers.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Kaushik Basu,