International Conference on Eurasian Economies
9-11 September 2015 – Kazan, RUSSIA
Paper detail
Paper ID : 1288
Status : Paper published
Language : English
Topic : Finance and Financial Crises
Presenter: Dr. Ferry Syarifuddin
Session : 2A Macroeconomics
Governance Aspect of Foreign-Exchange Policy in Indonesia
Governance Aspect of Foreign-Exchange Policy in Indonesia
- Dr. Ferry Syarifuddin (Bank Indonesia, Indonesia)
Abstract
While most recent central bank’s foreign-exchange interventions have been directed at mitigating speculative currency pressures and reducing risks to price instability, as well as curbing volatility in capital flows, the good governance implementation plays significant role in making the foreign-exchange operations done in efficient and effective way. For Bank Indonesia, the implementation of foreign exchange policy strategy followed governance principle is essential and geared toward price and financial system stability. In practice, the objective is reached through foreign-exchange intervention policy combined with other monetary and macroprudential policy called policy mix.
JEL codes: E52, F31, E42
Syarifuddin, Ferry (2015). "Governance Aspect of Foreign-Exchange Policy in Indonesia" in Proceedings of International Conference of Eurasian Economies 2015, pp.6-15, Kazan, RUSSIA.
DOI: https://doi.org/10.36880/C06.01288
