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

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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Year of publication:	1987-05-15
Authors:	Huh, Kyong Mo ; Christensen, Benedicte Vibe ; Quirk, Peter J. ; Sasaki, Toshihiko
Institutions:	International Monetary Fund (IMF)

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Extent:	application/pdf
Series:	IMF Occasional Papers.
Type of publication:	Book / Working Paper
Notes:	The text is part of a series Occasional Papers Number 53 4 pages long
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005767350