Pamphlet Series

Choosing Exchange Regimes in the Middle East and North Africa

Publication Date:

September 5, 2003

Electronic Access:

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Summary:

This paper reviews the exchange regimes of five emerging market countries in the Middle East and North Africa region-Egypt, Jordan, Lebanon, Morocco, and Tunisia-and one oil-exporting country-Iran-to see whether they need to consider adopting more flexible arrangements as they further open their economies to trade and capital flows.

Series:

Pamphlet Series, No.

Subject:

Conventional peg Currency markets Exchange rate arrangements Exchange rate flexibility Exchange rates Financial markets Foreign exchange

Frequency:

occasional