It takes the average reader 1 hour to read Foreign Exchange Intervention in Developing and Transition Economies by Mr.Jorge Iván Canales Kriljenko
Assuming a reading speed of 250 words per minute. Learn more
Based on evidence obtained from the IMF's 2001 Survey on Foreign Exchange Market Organization, the author argues that, for several reasons, some central banks in developing and transition economies may be able to conduct foreign exchange intervention more effectively than the central banks of developed countries issuing the major international currencies. First, these central banks do not always fully sterilize their foreign exchange interventions. In addition, they issue regulations and conduct their foreign exchange operations in a way that increases the central bank's information advantage and the size of their foreign exchange intervention relative to foreign exchange market turnover. Some of the central banks also use moral suasion to support their foreign exchange interventions.
Foreign Exchange Intervention in Developing and Transition Economies by Mr.Jorge Iván Canales Kriljenko is 60 pages long, and a total of 15,000 words.
This makes it 20% the length of the average book. It also has 18% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 21 minutes to read Foreign Exchange Intervention in Developing and Transition Economies aloud.
Foreign Exchange Intervention in Developing and Transition Economies is suitable for students ages 8 and up.
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