boi statement, 2017-03-19
The results of the estimation indicate that in the estimation period, which refers only to the period in which the intervention was carried out at the Bank’s discretion—from September 2009 through the end of 2015—every $100 million purchased contributed, all else equal, to deprecation of 0.07–0.09 percent in the exchange rate.
Sentiment: neutral
Topic: mp_exchange_rate