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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Foreign exchange interventions as an "unconventional" monetary policy tool
 Lörinčík, Tomáš ; Žamberský, Pavel (advisor) ; Jedlinský, Jakub (referee)
The thesis analyses the issue of foreign exchange interventions, discovers its historical conditionality and introduces them to the context of other monetary policy instruments. For the purpose of author`s own research, key event is represented by the last financial crisis which determined significant changes in the basic economic fundamentals of foreign exchange interventions on the global level. Synthetizing publicly available information current trends in the development of this phenomenon were identified. Thesis analyses foreign exchange interventions also from the microeconomic perspective. In this sense, the research subject was presented by central banks of two economies (Australia and Czech Republic) which actively used interventions on foreign exchange market in the past. In order to solve given hypotheses scientific studies and statistical data published by international organizations were used, for example IMF or BIS, but also official reports of central banks
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