Floating Exchange Rates in Developing Countries Experience with Auction and Interbank Markets

In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in the evolution toward exchange rate flexibility that has taken place in the developing country group since the adoption...

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Bibliographic Details
Main Author: Huh, Kyong
Other Authors: Christensen, Benedicte, Quirk, Peter, Sasaki, Toshihiko
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 1987
Series:Occasional Papers
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:In recent years, an increasing number of developing countries have adopted market-determined floating exchange rates. This development has represented a significant step forward in the evolution toward exchange rate flexibility that has taken place in the developing country group since the adoption of generalized floating by industrial countries in 1973
Physical Description:48 pages
ISBN:9780939934898