Aggarwal, Raj; Muckley, Cal B. - In: Journal of International Financial Markets, … 20 (2010) 2, pp. 149-165
This study assesses prospective Asian exchange rate regimes and finds short- and long-run currency dynamics more conducive to the introduction of a common peg based on a basket of the European euro, the United States dollar and the Japanese yen than the alternative of a United States dollar peg...