RDP 2004-06: Profitability of Reserve Bank Foreign Exchange Operations: Twenty Years After the Float Equation (1)

Π t rp = Σ i=1 t m i [ e i s i ] MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaeuiOda1aa0baaSqaaiaadshaaeaacaWGYbGaamiCaaaakiabg2da9maaxadabaGaeu4OdmfaleaacaWGPbGaeyypa0JaaGymaaqaaiaadshaaaGccaWGTbWaaSbaaSqaaiaadMgaaeqaaOWaamWaaeaacaWGLbWaaSbaaSqaaiaadMgaaeqaaOGaeyOeI0Iaam4CamaaBaaaleaacaWGPbaabeaaaOGaay5waiaaw2faaaaa@4A41@