- “Drivers of Exchange Rates in EMDEs: Implications for Foreign Exchange Intervention” (with Ece Ozge Emeksiz, Andres Fernandez, Ivan Petrella and Tatjana Schulze), Staff Discussion Notes, 2026, No. 003.
- International Monetary Fund, Asia and Pacific Dept., “Bhutan: 2025 Article IV Consultation-Press Release; and Staff Report”, IMF Staff Country Reports
- “Coming Down to Earth: How to Tackle Soaring Public Debt”, IMF World Economic Outlook, April 2023, Chapter 3.
- “The anatomy of public debt reductions in India” (with Prachi Mishra), Center for the Advanced Study of India, 2022.
- International Monetary Fund, African Dept., “Burundi: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Burundi”, IMF Staff Country Reports, 2022.
- “FX execution algorithms and market functioning” (Report prepared by a Markets Committee Study Group chaired by Andrea Maechler (Swiss National Bank), Markets Committee Paper sNo. 13.
- “Trade credit, trade finance and the Covid-19 crisis” (with Frederic Boissay and Hyun Song Shin), BIS Bulletin No. 24, July 2020.
- “Offshore markets drive trading of emerging market currencies” (with Dora Xia),BIS Quarterly Review, December 2019.
- “Does the financial channel of exchange rates offset the trade channel?” (with Jonathan Kearns),BIS Quarterly Review, December 2016.
- “FX interventions: goals, strategies and tactics” (with Paolo Cavallino),BIS Papers No. 104, 2019.
- “Globalization and deglobalisation in emerging market economies: facts and trends” (with Yavuz Arslan, Juan Contreras and Chang Shu), BIS Papers No. 100.
- “How has globalization affected emerging market economies” (with Yavuz Arslan, Juan Contreras and Chang Shu), BIS Papers No. 100.
- “Dollar invoicing, exchange rates and international trade” (with David Cook), BIS Papers No. 96.
- “Macroprudential frameworks: Cross-border issues”, BIS Papers No. 94.
- “Macroprudential frameworks: Communication”, BIS Papers No. 94.
- “Measuring inflation” (with Agustin Villar), BIS Papers No. 89.
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