Dominant Currencies and External Adjustment

Dominant Currencies and External Adjustment
The extensive use of the US dollar when firms set prices for international trade (dubbed dominant currency pricing) and in their funding (dominant currency financing) has come to the forefront of policy debate, raising questions about how exchange rates work and the benefits of exchange rate flexibility. This Staff Discussion Note documents... READ MORE...

Publication date: July 2020
ISBN 9781513512150
$10.00

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