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Dennis Reinhardt

Research Advisor, Global Analysis Division · Bank of England

Research Advisor in the Global Analysis Division of the Bank of England's International Directorate. Works on international finance and banking, macroprudential and monetary policy transmission, capital flows and capital controls.

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Published Classic Journal of Financial Economics Published Apr 2021
Macroprudential FX regulations: Shifting the snowbanks of FX vulnerability?

Toni Ahnert · Kristin Forbes · Christian Friedrich · Dennis Reinhardt

Macroprudential rules on banks' foreign currency exposure do what they are meant to do -- cross-border FX borrowing by banks falls by roughly a third, and bank stock returns become markedly less …

Macroprudential Policy Exchange Rates Capital Flows Financial Stability Free Read ↗