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Purpose: The purpose of this paper is to answer the following question: How did the standard and non-standard ECB policy measures influence the price level and the EUR/USD rate of exchange in the period 2008-2013?

От авторов:Эта книга была написана профессионалом, имеющим, совокупно, более чем 7- летний опыт работы в сфере международных ...

We investigate the impact of the European Central Bank's monetary policy communication during the press conference held after the monthly Governing Council meeting on the EUR-USD exchange rate in high-frequency.