Exchange-Rate Unification with Black Market Leakages : Russia 1992

Russia 1992

Exchange-Rate Unification with Black Market Leakages : Russia 1992
In 1992 Russia unified the multiple exchange rates that had applied to international transactions. This paper describes the multiple exchange rate system that existed in Russia prior to mid-1992 and undertakes a theoretical exploration of the effects of the exchange rate unification that took place in July 1992. The model developed here allows... READ MORE...

Publication date: February 1993
ISBN 9781451924794
$15.00

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