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- W195017312 abstract "This paper reviews the recent experience with a flexible exchange rate regime and forex interventions in Chile. It discusses the state of the economy and the policy implications that arise in the new regime; in particular, the reaction of the authorities to unexpected movements in the exchange rate, through monetary policy and sterilised interventions. The low risks associated with financial and price instability prevailing in Chile justify limiting policy reaction to exceptional circumstances in the exchange rate market." @default.
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- W195017312 date "2005-01-01" @default.
- W195017312 modified "2023-09-27" @default.
- W195017312 title "Flexible exchange rate regime and forex intervention" @default.
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