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- W1825235009 abstract "This paper discusses Italy's policies of official intervention on foreign exchange markets and their role in restoring orderly conditions after the foreign exchange crisis of February 1976. For these purposes, daily time series of official intervention, the exchange rate and interest rates have been collected and analyzed with standard statistical methods as well as with vector autoregression techniques. The results seem to show that intervention had some effect in moderating exchange rate variability and perhaps in avoiding an unwarranted depreciation of the lira and lend some support to the contention that intervention can increase the authorities' room for maneuver." @default.
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- W1825235009 date "1984-12-01" @default.
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- W1825235009 title "A case study on the effectiveness of foreign exchange market intervention" @default.
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- W1825235009 doi "https://doi.org/10.1016/s0378-4266(84)80045-x" @default.
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