Fixed or Floating Exchange Regimes : Does it Matter for Inflation?

Does it Matter for Inflation?

Fixed or Floating Exchange Regimes : Does it Matter for Inflation?
This paper reviews recent experience with the choice of floating or fixed ("anchor") exchange regimes in industrial and developing countries. It concludes that desirable differences between the two sets of regimes have narrowed, owing to the useful operational role of exchange rate margins and unavoidable medium-term rate adjustments in the... READ MORE...

Publication date: November 1994
ISBN 9781451855531
$15.00

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