Do Sales of Foreign Exchange Reserves Lead to Currency Appreciation?

Material TypeArticleLanguageEnglish
TitleDo Sales of Foreign Exchange Reserves Lead to Currency Appreciation? Author(S)KATHRYN M.E. DOMINGUEZ (Author)
Abstract  We thank the Czech National Bank, particularly former Governor Zdenek Tuma, for access to the proprietary official intraday reserve sales data and for invaluable discussions. We have also benefited greatly from discussions with Karel Bauer and Petr Frydrych of the Czech National Bank. ...Paginationp867-891
SubjectEconomicsDescriptorsForeign exchange Economics
Journal TitleJournal of Money, Credit, and Banking  
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