From Lombard Street to Avenida Paulista.
The provision of foreign exchange liquidity by emerging market central banks during the global shock of 2008-09 departs from the domestic liquidity lender of last resort role described by Bagehot in his classic ""Lombard Street."" This paper documents and analyzes the foreign exc...
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Main Author: | |
Other Authors: | , |
Format: | Electronic eBook |
Language: | English |
Published: |
Washington :
International Monetary Fund,
2009
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Series: | IMF Working Papers.
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Subjects: | |
Local Note: | ProQuest Ebook Central |