Journal Article
The inaccuracy of newspaper reports of U.S. foreign exchange intervention
Abstract: A comparison of official data on U.S. foreign exchange intervention with newspaper reports, finding that the series are systematically different and implying either that intervention may not be able to signal monetary policy accurately or that not all market participants have equally accurate information about exchange market intervention.
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Bibliographic Information
Provider: Federal Reserve Bank of Cleveland
Part of Series: Economic Review
Publication Date: 1993
Volume: 29
Issue: Q IV
Pages: 25-33