A Noteon Dual Foreign Exchange Markets with official Rationing : Predetermined Versus Floating official Exchange Rate

Predetermined Versus Floating official Exchange Rate

A Noteon Dual Foreign Exchange Markets with official Rationing : Predetermined Versus Floating official Exchange Rate
This paper examines the relationship between the long run rate of inflation and the allocation of transactions between markets in economies that operate dual exchange market regimes and ration foreign exchange in the official market. It shows that wider access of importers to the official market, and wider access of exporters to the free market,... READ MORE...

Publication date: March 1991
ISBN 9781451844955
$15.00

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