On the Effectiveness of Daily Intervention by the Deutsche Bundesbank and the Federal Reserve System in the US Dollar — Deutsche Mark Exchange Market

  • Sylvester Eijffinger
  • Noud Gruijters

Abstract

The purpose of this paper is to test empirically whether interventions by the Deutsche Bundesbank and the Federal Reserve System in the US dollar-Deutsche Mark spot exchange market were effective during the period from February 1985 until August 1988.

Keywords

Europe Dinated 

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Copyright information

© Confederation of European Economic Associations 1992

Authors and Affiliations

  • Sylvester Eijffinger
  • Noud Gruijters

There are no affiliations available

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