Please use this identifier to cite or link to this item:
Armas, Adrián
Grippa, Francisco
Year of Publication: 
Series/Report no.: 
Working Paper, Inter-American Development Bank, Research Department 538
This discusses the unique experience of Peru`s Central Bank with inflation targeting in an economy characterized by a high degree of financial dollarization. The paper outlines how Peru has taken financial dollarization into consideration in the design of monetary policy, then deals with monetary policy implementation and the Central Bank`s strategy for controlling financial dollarization risks. The paper concludes with analysis and lessons drawn from the Peruvian case.
Document Type: 
Working Paper

Files in This Item:
650.81 kB

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.