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A growing number of countries are adopting flexible exchange rate regimes because flexibility...

The paper develops a flow model of the exchange rate with speculative capital flows integrated in...

The paper discussed the use of foreign exchange swaps by central banks. Such use has aimed at...

This paper examines the evolution of the exchange rate of the ruble vis-à-vis the U.S. dollar...

The literature on two-tier foreign exchange markets has concentrated on relating various shocks...

Faced with a steadily worsening economy, the government of the Lao Peoples Democratic Republic...