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ARE CENTRAL BANK RESERVES AN IMPORTANT INSTRUMENT FOR STABILITY IN EXCHANGE RATES?
2018
Journal:  
Journal of Business Economics and Finance
Author:  
Abstract:

Purpose- In developing countries, the most important macroeconomic variable shaping individuals' expectations for economic stability is the nominal exchange rate. For this reason, the first impact of central banks monetary policy implementation results comes out at nominal exchange rate. In this study, the relationship between the nominal exchange rate and the gross foreign exchange reserves of the central bank has been investigated.

Keywords:

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2018
Author:  
0
2018
Author:  
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Journal of Business Economics and Finance

Field :   Sosyal, Beşeri ve İdari Bilimler

Journal Type :   Uluslararası

Metrics
Article : 315
Cite : 349
2023 Impact : 0.029
Journal of Business Economics and Finance