00777nam a2200109Ia 4500080002600000100002000026245014000046260007000186300001000256520038300266583001800649 a11.02.01 M742se(2009) aSeerattan, Dave aIntervention in the foreign exchange market, market turnover and the the impact on exchange and interest rate dynamics in the Caribbean b[Caribbean Centre for Money and Finance]a[St. Augustine]TTc2009 a18 p. aInvestigates in a multivariate GARCH framework the links between direct intervention, interest rate policy, exchange rates and trading volumes in the foreign exchange market. Looks at whether direct intervention signals the future interest rate policy stance of the central bank and are designed to 'lean against the wind' of exchange rate trends in select Caribbean countries. c12/8/09kJOYD