Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/87988
Authors: 
Armas, Adrián
Grippa, Francisco
Year of Publication: 
2005
Series/Report no.: 
Working Paper, Inter-American Development Bank, Research Department 538
Abstract: 
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

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