A Small Foreign Exchange Market with a Long-Term Peg : Barbados

Barbados

A Small Foreign Exchange Market with a Long-Term Peg : Barbados
This paper is a first analysis of daily transactions in the foreign exchange market of Barbados, a small open economy that has had an unchanged peg to the U.S. dollar for over 30 years. As a result of the credibility of the peg, we expect that capital flows will respond to differentials between U.S. and comparable Barbadian interest rates and that READ MORE...

Publication date: October 2006
ISBN 9781451865059
$18.00

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