Simultaneous monetary policies in the context of the trilemma : evidence from the Central Bank of Turkey
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Borradores de Economía; No. 893
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2015-07-03
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2015-07-03
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Las opiniones contenidas en el presente documento son responsabilidad exclusiva de los autores y no comprometen al Banco de la República ni a su Junta Directiva.
The opinions contained in this document are the sole responsibility of the author and do not commit Banco de la República or its Board of Directors.
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Many central banks that have opted for monetary autonomy have also been reluctant to relinquish control over the value of their currencies. As a result, they have operated through both interest rate and foreign exchange interventions. However, in the cont
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