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

By Kyong Mo Huh, Benedicte Vibe Christensen, Peter J. Quirk, Toshihiko Sasaki

May 15, 1987

Preview Citation

Format: Chicago

Kyong Mo Huh, Benedicte Vibe Christensen, Peter J. Quirk, and Toshihiko Sasaki. Floating Exchange Rates in Developing Countries: Experience with Auction and Interbank Markets, (USA: International Monetary Fund, 1987) accessed November 21, 2024

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.

Subject: Currency markets, Exchange rate arrangements, Exchange rates, Financial markets, Floating exchange rates, Foreign exchange

Keywords: Africa, Currency markets, Exchange arrangement, Exchange market arrangement, Exchange rate, Exchange rate arrangements, Exchange rate system, Exchange rates, Exchange transaction, Floating exchange rates, Market, Market-determined floating exchange rates, Middle East, OP, Rate

Publication Details

Pages:

48
Volume:

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DOI:

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Issue:

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Series:

Occasional Paper No. 1987/004
Stock No:

S053EA0000000
ISBN:

9780939934898
ISSN:

0251-6365

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