By Gill Hammond of the Bank’s Centre for Central Banking Studies and Ole Rummel of the Bank’s Monetary Instruments and Markets Division.
The second annual Chief Economist Workshop, organised by the Bank of England’s Centre for Central Banking Studies (CCBS), brought together economists from more than 30 central banks. It was part of CCBS’s programme of events to provide a forum for central bankers and academics to exchange views on central bank policies and to share specialist technical knowledge. The topic for this meeting was exchange rate regimes and capital flows, with a special emphasis on the choice of an appropriate exchange rate regime within the domestic monetary, fiscal and financial framework.
Chief Economist Workshop April 2005: exchange rate regimes and capital flows