Effects of Intervention in the Spot Currency Market on the BRL/USD Exchange Rate from 1999 to 2008: an Event Study
This study analyses interventions in the Brazilian spot foreign exchange market from 1999 to 2008 and their effects on the R$/US$ exchange rate, using an event study approach. It aims to verify if the foreign exchange interventions have any significant impact on the exchange rate behavior. The perio...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Brazilian Society of Finance
2010-07-01
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Series: | Revista Brasileira de Finanças |
Subjects: | |
Online Access: | http://virtualbib.fgv.br/ojs/index.php/rbfin/article/view/1496 |