By Johanes L. Sitanggang
Comentário:
Comentário:
Dollarisation, Euroisation and Yenisation included on the methodology, but it is adjusted based on the pegged band, such as EURDKK, EURNOK, EURSEK and other currencies as per ECB agreement, as well as Fed Res Bank of New York agreement and the BOJ agreement with their counter parties central banks.
Target Zone: 15 % +/- 1 % (EUR, GBP, CHF + CAD case-by-case)
Managed Float: 10 % +/- 1 % (JPY, CAD, AUD, NZD)
Central Band Arrangement: 2.5 % Up and 2.5 % down (5 %)
Stabilization Band: 7.5 % - 10 % at Lower or at Lower Long Term Bands (Long Term Cycle).
Stabilization Band: 2.5 % at Medium and Short Term Bands
Plaza, Louvre and MS Treaty.