The Empirical Relationship between Exchange Rates and Interest Rates in Post-Crisis Asia
In post-crisis Asia, all crisis-hit countries (except Malaysia) announced a shift from exchange rate based monetary policy framework to the explicit adoption of inflation targeting that uses interest rates as the key monetary policy operating instrument. In this study, we examine the empirical relat...
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| Main Authors: | , |
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2004
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/785 https://ink.library.smu.edu.sg/context/soe_research/article/1784/viewcontent/HweeKwanCHOW.pdf |
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| Institution: | Singapore Management University |
| Language: | English |