Foreign Exchange Intervention

Foreign exchange intervention (FXI) is a highly debated topic. Yet, comprehensive and comparable data on FXI hard to find. This paper provides new dataset of covering large number countries over the period 2000-20 at monthly quarterly frequencies. It includes publicly available for about 40 carefully constructed proxies 122 countries. Proxies are focused both spot derivative transactions that alter central bank’s foreign currency position account wide range bank operations, including vis-à-vis residents, first proxy do so our knowledge. The discusses merits relative coarser measures traditionally used like change in reserves, potential definitional differences with published data. also presents stylized facts using newly proxies.