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Acta Comité Ejecutivo N° 46
Acta mecanografiada
The relationship between exchange rates and inflation targeting revisited
For decades, the exchange rate was at the center of macroeconomic policy debates in emerging markets. Many countries used the nominal exchange rate to bring down inflation, –others—mostly in Latin America—used the exchange rate to implicitly tax the export sector. Currency crises were common and usually ...
Balanza de pagos de Chile 2010
El Banco Central de Chile pone a disposición del público el anuario estadístico de Balanza de Pagos para el año 2010, y revisiones a los valores del período 2008 y 2009, preparado por el Departamento de Balanza de Pagos y Deuda Externa, de la Gerencia División Estadística. La edición entrega información ...
Inflation targeting: design, performance, challenges
Inflation rates fell markedly around the world during the last decade of twentieth century. This was the result of a profound change in the conduct of monetary policy, clearly driven by the strong, anti-inflationary stance adopted by central banks in industrial and developing countries. The central ...