caa a22 4500 606237356 CHVBK 20210128101252.0 cr unu---uuuuu 210128e20150501xx s 000 0 eng 10.1007/s10272-015-0537-z doi (NATIONALLICENCE)springer-10.1007/s10272-015-0537-z Straubhaar Thomas University of Hamburg, Hamburg, Germany aut Should Central Banks Manage the Exchange Rate? [Elektronische Daten] [Thomas Straubhaar] Should central banks intervene in currency markets? In theory, within a flexible system, central banks should leave the process of determining appropriate exchange rates to the currency markets. In practice, however, central banks have frequently intervened to "manage” the exchange rates according to their goals and priorities. This article discusses whether central banks can effectively intervene in currency markets and describes some lessons other countries could learn from the Swiss experience. ZBW and Springer-Verlag Berlin Heidelberg, 2015 Intereconomics Springer Berlin Heidelberg 50/3(2015-05-01), 161-164 0020-5346 50:3<161 2015 50 10272 https://doi.org/10.1007/s10272-015-0537-z text/html Onlinezugriff via DOI BK010053 XK010053 XK010000 Metadata rights reserved Springer special CC-BY-NC licence nationallicence 1 research-article jats NATIONALLICENCE NATIONALLICENCE NL-springer NATIONALLICENCE 856 40 https://doi.org/10.1007/s10272-015-0537-z text/html Onlinezugriff via DOI NATIONALLICENCE 100 1- Straubhaar Thomas University of Hamburg, Hamburg, Germany aut NATIONALLICENCE 773 0- Intereconomics Springer Berlin Heidelberg 50/3(2015-05-01), 161-164 0020-5346 50:3<161 2015 50 10272