... currencyband,88, 88f fundamental equilibrium (FEERs), 4–6, 49, 84, 118, 184–85 real effective(See real effective exchange rate) sterilized intervention, 92 ...

... currencyband from0.5 per centto7.5 percent around the parity, thus discouraging some of the speculative inflows. Capital inflows interactedwith structural ...