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

Business & Finance, Economics, Public Finance, Finance & Investing, Banks & Banking, Macroeconomics
Cover of the book Floating Exchange Rates in Developing Countries: Experience with Auction and Interbank Markets by Kyong Huh, Benedicte Ms. Christensen, Peter Quirk, Toshihiko Sasaki, INTERNATIONAL MONETARY FUND
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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.

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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.

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