Intermediation Spreads in a Dual Currency Economy : Argentina in the 1990s

Argentina in the 1990s

Intermediation Spreads in a Dual Currency Economy : Argentina in the 1990s
The currency board arrangement and widespread dollarization of the Argentine economy since 1991 have laid the basis for domestic interest rates to converge to international levels. Although such a convergence has been observed for interest rates on bank deposits, interest rates on bank lending remain well above industrial country levels. This... READ MORE...

Publication date: June 1998
ISBN 9781451952025
$15.00

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