Reviewing DNB’s Reaction Function To Defend The Currency Peg

by Alex Waters and Brunello Rosa

5 March 2019

In this paper we discuss:

• The DNB’s monetary policy framework and the peg with the EUR;
• The January 2015 episode when the peg went under severe stress; and
• What the DNB will do in coming months, and in case a new financial crisis were to emerge.

Contact us to obtain the password to open the PDF

Download PDF: R&R Reviewing DNB Reaction Function – March 2019