Floating Exchange Rates in Developing Countries: Experience with Auction and Interbank Markets
Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
| Author: | Kyong Huh, Benedicte Ms. Christensen, Peter Quirk, Toshihiko Sasaki | ISBN: | 9781452737867 |
| Publisher: | INTERNATIONAL MONETARY FUND | Publication: | May 15, 1987 |
| Imprint: | INTERNATIONAL MONETARY FUND | Language: | English |
| Author: | Kyong Huh, Benedicte Ms. Christensen, Peter Quirk, Toshihiko Sasaki |
| ISBN: | 9781452737867 |
| Publisher: | INTERNATIONAL MONETARY FUND |
| Publication: | May 15, 1987 |
| Imprint: | INTERNATIONAL MONETARY FUND |
| Language: | English |
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.
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.
